Wednesday, December 5, 2012

Youth unemployment at highest level since World War II


The number of American youth who are out of school and unemployed has hit a half-century record high, with 6.5 million teens and young adults staying at home without the skills required to find employment.

Americans aged 16 to 24 are increasingly leaving school and unable to find a job, causing the largest youth unemployment rate since World War II, according to a report by the Annie E. Casey Foundation, titled “Youth and Work: Restoring Teen and Young Adult Connections to Opportunity”.

Only half the youth in the 16 to 24 bracket held a job in 2011, after the unemployment rate for teens aged 16 to 19 fell 42 percent in the last decade and millions deprived themselves of an education. About 2.2 million teens and 4.3 million young adults aged 20 to 24 are currently neither in school nor working – and of these, 1.4 million are young parents themselves.

In a struggling economy, many of the entry-level jobs that were previously held by teenagers are now filled by older workers. And without job experience at a young age, the unemployed and undereducated teenagers find it increasingly difficult to find one later one....................................................................