Is Entrepreneurialism the Answer to Youth Unemployment?
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Employment need not be a zero sum game if young people can be entrepreneurial and create their own jobs. It turns out that's exactly what the seriously unemployed generation between 18 and 34 wants to do. So, what's holding them back? Whatever happened to the idea of "selling out?" Also, the US closes its embassy in Syria after a bloody weekend. On Reporter's Notebook, is there ancient life beneath Antarctic ice?
Banner image: Esther Havens for Warby Parker
US Closes Embassy in Syria after Bloody Weekend ()
The US State Department announced today that the United States has "suspended operations of our embassy in Damascus" and all American personnel have left the country because of "serious concerns that our embassy is not protected from armed attack." The news came as opposition groups reported that President Bashar al-Assad bombarded the city of Homs, a center of armed opposition, again on Monday, killing 50 people. It has also been reported that 200 people were killed over the weekend. Anthony Shadid, Beirut Bureau Chief for the New York Times, has an update.
Youth Unemployment and the Entrepreneurial Spirit ()
Unemployment among young people in the US is around 16 percent. Elsewhere in the world, it's much higher. No less an authority than Klaus Schwab, the founder of the economic forum at Davos, calls that a "catastrophe," but one that can be solved by entrepreneurialism. Kids who can't find jobs can go out and create their own. It turns out that "millennials" have the right spirit, but they face obstacles. We hear about student loans, inadequate training and access to capital. Also, how does entrepreneurialism become something more than just selling? We hear from one of the conference's young participants and from other millennials.
- Aaron Smith: Young Invincibles
- Emi Kolawole: Washington Post, @emikolawole
- Neil Blumenthal: Warby Parker, @NeilBlumenthal
- William Deresiewicz: essayist and critic
Russians Drill to Lake Vostok, Two Miles below Antarctic Ice ()
One of the biggest lakes in the world is two miles below Antarctica, covered by ice for thousands of years. Russian researchers claim they've already broken through the icy surface of Lake Vostok; the US is reportedly not far behind. What will happen when the seal is broken? Marc Kaufman is science writer at the Washington Post and author of First Contact: Scientific Breakthroughs in the Hunt for Life Beyond Earth.
- Marc Kaufman: Washington Post
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