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
Teens and young adults employment plummeted between 2000 and 2011 in the Largest Us Metropolitan Areas study says
“Employment prospects for teens and young adults in the nation’s 100 largest metropolitan areas plummeted between 2000 and 2011” write Andrew Sum, Ishwar Khatiwada, Mykhaylo Trubskyy, and Martha Ross with Walter McHugh and Sheila Palma in The Plummeting Labor Market Fortunes of Teens and Young Adults on brookings.edu. On a number of measures—employment rates, labor force underutilization, unemployment, and year-round joblessness—teens … Continue reading
At 41.3 percent, the July labor force participation rate of teens was the lowest for the month in the post-World War II period. The teenage summer job has been going the way of telephone booths and the cassette tape for decades. The length of the downward trend has been masked by the fact that it’s hard … Continue reading
In preparation for summer 2013, the Employment Policies Institute EPI released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that would price more teens … Continue reading
Teen employment has plummeted in a trend that long predates the Great Recession, worrying economists across the political spectrum. In the current labor market, any black mark can doom a worker: lack of education, inexperience, even a presumed sense of not needing the work enough. Teens are at the bottom of the totem pole, with … Continue reading