By Tony Pugh | McClatchy Newspapers
WASHINGTON — Teens and young adults, short on experience and skills, have been giving up the job search at higher rates than other workers are during this great recession.
Frustrated by a lean job market, nearly 1.3 million workers ages 16 to 24 have left the labor force since the recession hit in December 2007. That's about 6 percent of them, and it's nearly three and a half times the exodus rate of workers ages 25 to 54.
With a jobless rate of 18.5 percent for 16- to 24-year-olds, some have gone back to school, some are volunteering, some are joining the military and some are just chilling at home until the economy heats up again.
...Read more: http://www.mcclatchydc.com/2010/03/24/90996/tight-job-market-is-squeezing.html#ixzz0jFeC2Bho
No comments:
Post a Comment