In the News

Youth in US / Saying ‘no’ to the worforce

A job used to be the next step after a diploma. But now, young people aren’t in any rush to start working.

Less than 78% of people aged 20 to 34 either have jobs or are looking for work, according to the Bureau of Labor Statistics. That’s down from the peak of 83% in 2000, and the lowest since the 1970s.

The biggest thing keeping young people out of work is the weak economy.

Recessions are particularly hard on the young, with last-in, first-out policies at many organizations and a preference at firms to freeze hiring before they start laying off employees, which hurts recent grads.

But there are other reasons as well — what economists call “structural changes” — that could mean a permanent shift in workplace demographics.

  • Staying in school
  • Living longer
  • Living longer.

Chosen excerpts by Job Market Monitor. Read the whole story at 

cnnmoney

via Why young people are saying ‘no’ to the worforce – Oct. 22, 2013.

Related Posts

US / Youth Unemployment Will Cost $18 Billion Over The Next Decade

POSTED BY  ⋅ MAY 20, 2013 ⋅ 2 COMMENTS

America has a youth unemployment problem, and it’s not just the kids who are suffering. The nation is poised to lose $18 billion in wages over the next decade due to high youth unemployment, according to a Bloomberg Brief from Bloomberg Senior Economist Joseph Brusuelas. Brusuelas estimated that about 1.3 million 16- to 24-year-olds have … Continue reading »

Only Austria, Germany, Japan, the Netherlands, Norway and Switzerland have youth unemployment rates below 10 percent

POSTED BY  ⋅ MAY 10, 2013 ⋅ 7 COMMENTS

Low wages and a lack of available jobs are plaguing the EUs young and educated. Greece’s 15-24 year olds are facing unprecedented levels of unemployment, while Portugal is witnessing a mass exodus as endemic joblessness drives its youth abroad. The UN labor office predicts a global rise in unemployment of 12.8 percent by 2018. Across … Continue reading »

US / Youth Unemployment among Young African American: 22.1 percent

POSTED BY  ⋅ JANUARY 8, 2013 ⋅ 2 COMMENTS

U.S. employers added 155,000 jobs in December and the unemployment rate held steady at 7.8%. However, the jobs outlook for young people especially young black teens is bleak. According to Generation Opportunity, which charts unemployment for Millennials aged 18-29, the general jobless rate for teens is 11.5 percent and a shocking 22.1 percent for younger … Continue reading »

Youth Unemployment – US vs Europe

POSTED BY  ⋅ NOVEMBER 5, 2012 ⋅ 4 COMMENTS

The latest unemployment statistics released this week on both sides of the Atlantic show that the number of jobless is continuing to rise in Europe far above the rate in the U.S., and the picture is especially bleak for young Europeans under the age of 25. In the 27 E.U. nations as a whole, the youth unemployment … Continue reading »

Youth unemployment around the world – Infographic

POSTED BY  ⋅ OCTOBER 10, 2013 ⋅ LEAVE A COMMENT

The lack of employment opportunities available to youth has become a global issue that could threaten the economic growth of several countries for years Continue reading »

NEETs in US / 15 Percent Of American Youth Out Of School And Work, Study Finds

POSTED BY  ⋅ OCTOBER 22, 2013 ⋅ LEAVE A COMMENT

Almost 6 million young people are neither in school nor working, according to a study by The Opportunity Nation coalition Continue reading »

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: