High unemployment may cost the president one of his most beloved voting blocs – college students.

A recent survey shows that young adults, who overwhelmingly favored Barack Obama in 2008, plan to focus more on policy than charisma in the 2012 election thanks to high unemployment among college and high school graduates.

National statistics show that employment rates among young adults under 30 are at historic lows.

The employment to population ratio among young adults ages 16 to 24 rests at 45 percent – the lowest level since the Labor Department began tracking this demographic in 1948. More than 17 percent of 16- to 24-year-olds are looking for a job but cannot find one – the highest rate of unemployment in almost 30 years.

Millennials are losing their confidence in their leaders as a result.

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