The employment rate for teens fell from 43 percent in 2000 to 26 percent in 2014, and for young adults aged 20 to 24, it fell from 70 to 62 percent. These are big drops. In a new analysis, I take a deeper look at employment trends among young people. When employment rates are broken out by age and race/ethnicity, you see the same downward pattern, but also substantial variation among whites, blacks, Latinos, and Asians.
Do these declines spell trouble? The answer is, it depends: on how young people spend their time, what resources and support are available to them, and how the person making the judgement values academics and enrichment relative to employment.
Chosen excerpts by Job Market Monitor. Read the whole story at Decoding declines in youth employment | Brookings Institution
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