On the other hand, things seem not so good. One reason the unemployment rate fell isbecause fewer people entered the workforce. It's possible more young workers are sitting onthe sidelines. And another analyst says that's not a good sign.
Class of 2014, you're looking at a tough job market. It's been five years since the recessionended, but the effects are still being felt, especially among young people.
A new report by the economic policy institute, a liberal think tank, shows one in five highschool graduates and one in ten college grads aren't working and they are not in school either.Even those simply approaching graduation don't face great prospects. The institute saysthose young people will join the sizeable backlog of unemployed college graduates from the lastfive graduating classes, and then an extremely difficult job market. And once they actually gethired, the problems aren't over either. Recent high school grads making average of 9.82 centsan hour, 11 percent lower than what they would have in 2000. College grads are making more,about 16.99 an hour, but again, that's quite a bit lower than their predecessors.
Plus, employees overall aren't being as generous with benefits as they once were. The reportwarns that it is possible to overcome these setbacks, but that it could take ten to 15 years.
The nation of Ukraine is on shaky ground. Divisions are deepening, violence is breaking outbetween those who want a closer alliance with Russia and those who want a closer alliance withWestern Europe. What's been happening in the Ukrainian city of Odessa reflects the tension ofthe whole country. Yesterday, protesters who support Russia stormed a police headquarters.They demanded the release of dozens of people who'd been arrested two days earlier forallegedly participating in violent protests. 67 detainees were released Sunday without a shotbeing fired or a life lost. But that wasn't the case Friday when 46 people died in a riot thatended in a building fire.
The emotions are powerful here. Fury, confusion, grief. These are the senses of people who were trying to understand how, why Ukraine's ethnic and political divide suddenly flared here in Odessa, taking so many lives. It started on the streets, pro- Russian and pro-Ukrainian forces throwing what they could at each other. Guns were used, too. The pro- Russians were outnumbered. And they retreated into the Trade Union Building. Witnesses say, there were hundreds inside when it caught fire.
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