PREVIEW: MTV's 'Underemployed'; Charlie Weber Revealed

Editor's Note: This story originally appeared in the October issue of Variance.

As the American economy appears to be at a standstill, Generation Y has been particularly affected. With unemployment rates in August climbing in 26 states, those graduating from college are realizing that a bachelor’s degree doesn’t guarantee a job, and many of them are finding themselves lowering their expectations and settling for less as they enter the “real world.”

Enter MTV. The network formerly known as Music Television recently announced it’s trading in the cast of Jersey Shore to make room for some programming that hits a little closer to home. Underemployed follows a group of recent grads as they confront a harsh reality of selling donuts and bartending in order to make ends meet. Not exactly the “gym, tan, laundry” that has made the network must-see TV in the past.

WATCH: Ed Sheeran Covers Britney Spears' 'Baby One More Time'

It appears Ed Sheeran has a thing for blonde pop stars. First his collaboration with Taylor Swift off her upcoming album Red, and now this little video of the British musician covering Britney Spears' hit "...Baby More More Time." Even if you don't like the original, Sheeran's acoustic version could easily pass for one of his own signature songs.

WATCH: Ellie Goulding's Video For 'I Know You Care'

Ellie Goulding has released a brand new video for her track "I Know You Care," which is off her upcoming album, Halcyon. The song is included in the soundtrack for the new Warner Bros. film, Now Is Good, which stars Dakota Fanning and Jeremy Irvine. The music video blends clips of the new film with scenes of Goulding singing.

WATCH: Mumford & Sons Perform on 'SNL'

Ahead of Tuesday's release of Babel, Mumford and Sons' sophomore album, the band performed on this weekend's edition of Saturday Night Live. Although the rest of the show was pretty sour, the English folk rock foursome still shined. They performed "I Will Wait" and "Below My Feet," both from the forthcoming album. For the first song, they were joined by a brass section.