Youth Employment Rate Lowest in More than 6 DecadesSubmitted by go213mph on Wed, 12/05/2012 - 14:48
Youth Employment Rate Lowest Since World War II
Young Americans are having the toughest time finding work in more than six decades, according to a new study.
A new KIDS COUNT® report from The Annie E. Casey Foundation says youth employment is at its lowest level since World War II, with nearly 6.5 million teenagers and young adults unemployed and not in school. Nationwide, only 26% of Americans aged 16 to 19 are employed; while 61% aged 20 to 24 have jobs.
The report warns that these Americans run the risk of chronic underemployment as adults due to a lack of vocational skills that employers demand in today’s workforce.