Showing posts with label class of 2010. Show all posts
Showing posts with label class of 2010. Show all posts

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.