Wednesday, May 19, 2010

Economic Prospects for Young Adults During the Recession

Findings by the Economic Policy Institute, published in their May 2010 Briefing Paper:

  • Since the start of the recession, an additional 1.2 million 16-24-year-olds have become disconnected from both formal schooling and work. 
  • The class of 2010 will be entering a labor market with the highest rates of unemployment in at least a generation.
  • Unemployment rates for both college graduates and non-graduates younger than 25 are nearly double their pre-recession levels.

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