High school graduates entering the workforce are having major trouble finding work:

Kevin Drum captions:
Back in 2006-08, about 60% found work of some kind right after graduating. Since 2009, only about 40% have found work. This is a staggering waste of human potential, and almost certainly a lifelong burden for these workers, since abundant evidence suggests that starting out your working career either unemployed or in a low-paying job leads to lower pay throughout your entire life.