Friday, September 16, 2011

Bloomberg: Jobs Crisis Could Spar Riots in U.S.; Says Damage to Jobless Youth Will Go on for Yrs.

The CNN Money website reports that New York City Mayor Michael Bloomberg -- during his weekly radio show today (September 16, 2011) -- said that high U.S. unemployment could lead to the same kind of riots in the U.S. that have swept through Europe and North Africa in recent months.

"You have a lot of kids graduating college, who can't find jobs," Bloomberg said.

"The public is not happy," he said. "The public knows there is something wrong in this country, and there is. The bottom line is that they're upset."

"The damage to a generation that can't find jobs will go on for many, many years," Bloomberg said.

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