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Suicides and the collapse of American mall culture

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We drove up the road to the big city mall this week. The parking lot was half empty when we got there. Inside, there weren’t a lot of people carrying bags. Window shoppers mostly, and not affluent. We talked to a clerk who said he graduated university a year ago. Yet here he was working in a mall store. He’s not alone.
The Globe and Mail reports that over the past decade graduates face increasing unemployment, are less able to find work in their chosen fields, and when they do, find that average salaries have declined. Meanwhile, companies complain that schools aren’t doing enough to train students for the workforce. But since 1993 the levels of investment in, and training of, employees by Canadian companies has fallen by 40 percent. Something’s clearly going on.
It now takes a four-year university education to get a starter job in the current economy. Graduates from lower income families start out with large student debts, often over $60,000. But it’s a lot worse for high school gradu…

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