Velshi. Back to where it started before the Great Recession, sort of. Let me explain. In may, the u. S. Economy created a solid 217,000 net new jobs. That means you take all the jobs that were created, subtract all the ones that were lost and you are left with 217,000. Employers have added at least february. This is one of the best fourmonth stretches of job creation in the United States since the late 1990s. And mays job gain puts the total number of people on job payrolls at 138. 5 million. 138 and a half million americans are working in jobs that are not on farms. We separate out farms. Now, this is finally above the level that it stood at in january of 2008. Before the Great Recession wiped out 8. 7 million jobs over the course of two years. Its taken us more than four years to recover all of those jobs, making this the longest employment recovery on record, or at least since the department of labor started tracking the data in 1939. That part is not good. Now, here is another reason were not breaking out the champaign to celebrate this result. The u. S. Population has kept growing for those years. And just to support the labor force entering the market, we have to create another 10,000 jobs a in. Estimating still at this point after losing and gaining, were still 6. 9 million jobs short of where we need to be. Now, i have talked plenty on this show about why the Unemployment Rate doesnt deserve nearly the attention it gets. Because it fails to reflect people who whove given up, looking for work. Perhaps for good reason. More significant, the number i like better is the Labor Force Participation rate which the this is the percentage of working age people who have jobs, or are looking for work. The percentage of people who could be working who are working. This remained at 62. 8 . Stuck at the lowest level since the 1970s. The reasons for this are debated and include more baby boomers retiring. But almost everyone agrees this also reflects the fact that too many people have given up on finding a josh that they are job that they are willing to take. One group that is having a hard go of it is young people between 20 and 24. Unemployment rose to 11. 1 in may, up half a percentage point from april. Many recent College Grads are turning to jobs clubs. 44 of recent grads are said to be working either part time or working jobs that dont require a college degree. In other words they are underemployed. Duarte jeraldino takes us to one of those places. Midtown manhattan, 6 00 p. M. Instead of going to a club, a group of 81 people are slipping into a job club. Shes just getting by working as a clerk. I feel like ive kind of wasted my years in school. Shes one of a growing number of mill ennails joining job clubs. Members fill een others in filling fill each other in on jobs. Recent College Graduates its led by volunteer Career Counselor karen palevski. It doesnt matter what you do, and what level you are. Each meeting has a unique focus. Likes intrufning skills or interviewing skills or application strategy. Networking gaining access to the hidden job market. All those unpublished positions that are filled before they go out to the public. Members are encouraged to share contacts. Because what doesnt work for one could be the others golden ticket. According to the department of labor, there are many more of these job clubs. These job clubs have explicitted. They are in proliferated. John fugazi runs an Organization Called neighbors helping neighbors. He says many young people rely too heavily on the internet and networking. If you have a job to fill its like a currency. You are not going to take a person off the street for that job. Fugazi says, he encourages more young people to join clubs to help them find work. This cant happen unless you come in the door. Its hard to believe. So good, its probably the best kept secret in america now. Finding a job means not feeling ashamed to tell people you need work. As Hannah Campbell knows, its tough. It takes a blow to your ego. Im great, im awesome ating everything, or hearing answers back, getting no rejection, doesnt make you feel as wonderful as you pretend to be. Reminding herself shes not alone. Putting a lot in and hopefully getting something back. Several dozen workers are now working. Duarte jeraldino, al jazeera, new york. Joining me to discuss why and discussing hardships facing young jobless adults is rory osullivan. He rory im glad you have such an association, we have the associations,arf and people who try to take care of the interests of Older Americans but not the same sort of organization for younger americans. Absolutely. We are seeing Unemployment Rates for younger individuals, in double digits, ali. United states a big concern. When you are unemployed early in your career it can lead to lower wages and less employment down the road. At young invincibles were working to reverse that trend. Ultimately, one of the reasons the Younger Generation suffers from higher unemployment is because we went through a recession and normal people who would have retired and moved on are holding onto the jobs that would have allowed people to move up, or entry level jobs, into. There are a lot fewer opportunities for our generation now. Were often the first fired and then the last hired in a recession. And i think thats why youre seeing young people still struggling despite some of these job numbers gains we saw today. Get. If you have a four year degree your unemployment is half that of people with a high school diploma. So the bottom line is the one secret of success in america is having an education. Absolutely. I mean theres no question that the trends over the last several decades is that you need some kind of credential, a twoyear degree a four year degree, something to be successful in the long run no question about that. Alternatives. What are some of the things people can be telling the young people who are struggling. What kind of option he to the four year degree do we have . Absolutely. You can look at a four Year Community college, or computer systems, Information Sciences that can pay 60,000, 70 thousand a year, that pays more than some bachelors degrees. One thing we hear is the growing cost of education the student debt burden. And while that is a very real concern, it becomes less real if you are in one of these jobs where you can earn 70 or 80,000 or more. I always worry that there isnt enough focus on the return on investment that you put into an education. Absolutely. You know when were seeing a crisis out there of 1. 2 trillion in student debt, we need to be making sure that young people have the information they need so that they can get a degree that doesnt cost too much that ensures they can pay down their dibt so they request get that debt so they can get that return. Debt. If you are going to incur debt education is one of the best reasons to incur it, if you can pay it off. Absolutely, paying i. T. Off in the long run. Rory thank you for joining us and drawing attention to the plight of young people in america. Rising stock markets and home prices helped lift Family Wealth to a new high. Pension plan assets and Retirement Fund savings, like 401 k s also rose. However, the gains are flowing mainly to the wealthiest americans. Roughly 10 of americans own about 80 of stocks. What is once a frozen waste land is thing storehouse offing precious metals. The arctic wealth, come, up on Al Jazeera America presents the system with Joe Berlinger parole someone is going to get out and do something heinous its goanna happen. When is enough. Enough . Im not sure why you didnt learn from your last incarceration some prisoners try to get it right im trying to go to school and get a nice job youre only 22, you can turn this around. And some just dont he actually told people in the halfway house, that he was amazed that they had given him parole the system with Joe Burlinger only on Al Jazeera America now inroducing, the new al jazeea america mobile news app. Get our exclusive in depth, reporting when you want it. A global perspective wherever you are. The major headlines in context. Mashable says. Youll never miss the latest news they will continue looking for suvivors. The potential for Energy Production is huge. No noise, no clutter, just real reporting. The new Al Jazeera America mobile app, available for your apple and android mobile device. Download it now earlier this week president obama proposed a plan to force the Power Industry to reduce Greenhouse Gas emission. The goal is to slow the damaging effects of climate change. Nowhere are those effects more clear than the arctic circle. Revealing land and sea bed as rich in oil an minerals as any in history. As David Shuster reports, that has set off a Competition Among countries and companies to cash in. Once a frozen expanse, today the region is melting at an unprecedented rate. According to the United Nations, the polar cap has retreated, and bringing access to millions or billions of dollars of natural resources. 13 of its crude oil, most of it offshore. In april russia jumped to the head of the race. Shipping its first tanker of oil in the gazprom , shelf. But the arctic promises much more than petroleum. Nickel, zinc already exist in the arctic. Fresh water, timber, fish, a whole host of resource he including renewable are energy such as tidal and wind, as well. Also opening new shipping routes. Crowding the northwest passage, a once impassible link between the atlantic and pacific oceans, and in the waters above russia, an increasingly more viable shipping route. By 2020 the country predicts more than 30 million tons of goods could travel route each year. Despite president putins claims, also claim up to 200 miles off their shores as exclusive economic zones. But beyond that limit, the rights to riches beneath the arctic sea are up for grabs. So far all territorial claims have been settled peacefully, arbitrated by a United Nations treaty called a law of the sea, a treat yu the United States has refused to join. 1992 u. N. Convention of the sea sets the ground rules not just for the arctic but all oceans of the world where jurisdictional lines are, and it is the overarching framework, the bedrock of ocean management. Embarrassingly, the United States hasnt joined this treaty. Until Congress Approves ratification, many analysts believe the United States will be left on the side lines as the race for arctic resources speeds ahead. David shuster, al jazeera. If you would like to weigh in on how the arctic should be managed, terramoreproject. Org. A site raising awareness of arctic issues around the globe. Now lets explore this race for arctic riches a little more. I spoke to a man whos traveled extensively in the arctic territories, bob reese, author of a book examining the riches of the north. I asked him why the 1992 law of the sea treaty is so important. It is only under the treaty that the United States could claim more territory north of alaska. North of alaska we have a territory the size of california that we could annex to prove its part of the continual nenl shelf. Continental shelf. In order to do that we would have to join the treaty. All the arctic countries are part of this treaty. One person told me if this was in the ballgame, we wouldnt be in the field, we wouldnt be in the stands, we wouldnt even be in the parking lot. Were last on the race. So many Reasons Congress hasnt done outer things we should do. Why havent we ratified this . Especially when you consider the people who want us to ratify it. The sierra club, the obama administration, the shippers want it, you would think so many people want this treaty who is blocking ilt . Right wing republicans dont want any International Body to have a say in anything the United States does. And what they say is they are trying to continue the reagan legacy. Because the treaty first came up under reagan and it was blocked. I tell you i was in the room two years ago when james baker who was reagan confidence secretary of state and the point of the treaty that have been objected to by the administration have been fixed and even reagan would ratify that treaty if it came up today. Its just blocked, every time it comes up. Lets talk about the 800 ton tanker in the room, china. They are sprel many supremely interested in the arctic. Saving 2 million each way each trip rather than the panama wow. Vladimir putin has said, the are Bering Strait could be the next suez canal. Its a huge reason why we should be ratifying this treaty because the treaty will give us new rules for the ocean. Time to leave the cold arctic and head for the open road. We go full throlt on an iconic brand. Harleys are freedom. Its a way to express yourself and its an iconic name plate like traditional Harley Davidson bar and shield. And the best part of all chicks dig it. Whos buying harleys nowadays . Well have that story when real money continues. Al jazeeras Investigative Unit has tonights exclusive report. Stories that have impact. That make a difference. That open your world. This is what we do. America tonight next only on Al Jazeera America the nights events, a smarter start to your day. Mornings on Al Jazeera America on techknow. Were heading to cutting edge cal tech campus heres a look at just a few of the students shaping the future of science see the latest research, discoveries and breakthroughs inside some of the worlds most advanced labs. How do you scale somethig you learned from a jelly fish . Techknow every saturday go where science meets humanity. This is some of the best driving ive ever done, even though i cant see. Techknow. Were here in the vortex. Only on Al Jazeera America. Real reporting that brings you the world. Giving you a real global perspective like no other can. Real reporting from around the world. This is what we do. Al jazeera america. So harleys appeal from a vast number of motorcycle riders, from the police to everywhere in between. But hasnt translated into solid Financial Performance of the company. While harley is definitely better than it was in the financial crisis, its core demographic is aging. David arioso has this story. Harley davidson has long billed itself as synonymous with the open road. Harley once tried to trademark the sound of its bikes exhaust. That rumble led to a response. Its a freedom its a way to express yourself and its an iconic name plate like the traditional Harley Davidson bar and shield. And the best part of all chicks dig it. A lot of brands that we know and sort of grew up with, that are part of the American Dream or american narrative and Harley Davidson is one of these great legacy or heritage brands. It wasnt always easy riding. The milwaukee based company was forced to lean on a 300 million high interest loan financed by warren buffett. If we go back to the 20082009 downturn, since then sales have been bouncing back, profitability has been improving. Despite the harsh winter, productivity rose after the company shaved production cost. But the real Success Story may be overseas where First Quarter sales soared more than 20 in asia 9 in latin america and more than 8 in europe. Harley davidson is known to build big powerful bikes like this one but the company has switched gears. Harleys Growth Strategy internationally is diversification. They realize that to sort of get into the new generation they were going to have to take down the size, take down the price point. Their strategy for growth is very intentional on markets that definitely want to participate in the harley brand but they want it on their own terms. The new line of street 500 and street 750 bikes are smaller and more affordable and shipped to new markets in spain and italy and india where harley for the first time is building motorcycles from cras scratch in overseas markets. Harley owns that equity and thats what theyre selling overseas not americana. Yet roughly twothirds of Company Revenue comes from america, where baby boomers like damon vs. Driven up sales. Baby boomers are a shrinking segment of the population. While foreign competitors like cow kawasaki and suzuki have driven up competition. Its so big among kind of the aging white male and as that group is getting older, gosh, is there going to be demand as we look forward expwhrm meanwhile sales have meanwhile, sales have surged. But despite that surge, sales in the United States are low, and thats led some investors to say not so fast in deciding whether Harley Davidson is truly on the road to recovery. David arioso, al jazeera, new york. Hog heaven became officially cool when pope francis blessed the riders in attendance, actual hells angels. Cvs and walgreens are expanding, well show you the changes doctors have had to make clinics. Real money airs weekdays, 7 00 p. M. Eastern, 4 00 p. M. Pacific.