Paul T. Conway: October 9, 2012

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Paul T. Conway is the president of Generation Opportunity, a non-partisan, non-profit 501 (c)(4) organization with the express mission of educating, organizing, and mobilizing 18-29 year olds – known as Millennials – on the immediate and long-term economic challenges facing the nation, such as lack of job opportunities, increasing debt, and federal spending, as well as US competitiveness. The ultimate goal is to further engage young Americans, already suffering disproportionately from the poor economy, in the democratic process to advocate for real solutions and hold elected officials accountable.
 
Conway has served four U.S. Presidents and three governors. He served as Chief of Staff for the U.S. Department of Labor under Secretary Elaine Chao, as Chief of Staff at the Office of Personnel Management and as an agency Chief at the US Department of Homeland Security. Conway is also a veteran of more than 100 political campaigns.
 

September Jobs Numbers, Young Adult Unemployment, and Impact on Election 2012

Only 2 jobs reports left until the November 2012 election

Generation Opportunity President Paul T. Conway – former U.S. Labor Department Chief of Staff – talks about job report insights and potential implications on youth vote

 Washington, DC – (10/1/12) – Generation Opportunity President Paul T. Conway, former Chief of Staff of the U.S. Department of Labor, has extensive experience detailing the context and specific impact of the unemployment numbers released monthly by the Labor Department.
 
He discusses new polling data on the impact of the poor economy on Millennials, as Generation Opportunity is the largest organization in the U.S. advocating for young adults with over 4 million on social media and direct grassroots engagement with hundreds of thousands of Millennials across the country.
 
Last month, Generation Opportunity released the non-seasonally adjusted (NSA) unemployment data for Millennials for August 2012:
·       The youth unemployment rate for 18-29 year olds specifically for August 2012 is 12.7 percent (NSA).
·       The youth unemployment rate for 18-29 year old African-Americans for August 2012 is 22.4 percent (NSA); the youth unemployment rate for 18-29 year old Hispanics for August 2012 is 13.7 percent (NSA); and the youth unemployment rate for 18–29 year old women for August 2012 is 12.6 percent (NSA).
·       The declining labor participation rate has created an additional 1.715 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
·       If the labor force participation rate were factored into the 18-29 youth unemployment calculation, the actual 18-29-unemployment rate would rise to 16.7 percent (NSA).