Yes, couldn't be the loss of opportunity, now could it. Do you really think all of those millions of jobs created in China, India, etc., were given to college graduates?
http://www.npr.org/blogs/money/2012/02/27/147499539/why-middle-class-jobs-are-disappearing-and-what-workers-can-do-about-it
Perhaps this is an answer though:
http://www.parade.com/150111/robertreich/what-america-needs-now/
There is, however, a possibility for a win-win outcome. More than 12 million students are projected to drop out of high school over the next decade; the millions more with diplomas face bleak job prospects. Many young people (and their parents) still assume that the only gateway to good jobs is a four-year college education. But we can learn from Germany, a world leader in technical training, and offer two-year degrees in manufacturing technology, starting the last year of high school and extending a year beyond. This education reconfiguration could solve two problems at once—and strengthen the economy.
Then too, it is much easier for you to blame Obama rather then Republicans, corporations, globalism, etc.
http://www.foxnews.com/politics/2013/04/07/americans-discouraged-by-economic-recovery-leave-labor-force/
Part of the drop reflects the baby boom generation's gradual move into retirement. But such demographics aren't the whole answer.
Even Americans of prime working age — 25 to 54 years old — are dropping out of the workforce. Their participation rate fell to 81.1 percent last month, tied with November for the lowest since December 1984.
"It's the lack of job opportunities — the lack of demand for workers — that is keeping these workers from working or seeking work," says Heidi Shierholz, an economist at the liberal Economic Policy Institute. The Labor Department says there are still more than three unemployed people for every job opening.