BY: Adam Gavriel
A report this morning from POLITICO continues to show dim prospects for young people on the job market. The generation dubbed ‘millennial’ has had some of the biggest problems since the recession hit in 2008.
According to the article, 6 million young people (15 to 24) are neither in school nor working, which is almost 15 percent of that demographic. These numbers reported by The Opportunity Nation Coalition.
“Other studies have shown that idle young adults are missing out on a window to build skills they will need later in life or use the knowledge the acquired in college. Without those experiences, they are less likely to command higher salaries and more likely to be an economic drain on their communities.”
The Coalition has also found that 49 states are seeing an increase in the number of families living in poverty, 45 states have seen household median incomes fall this last year.
“In Mississippi and West Virginia, 1 in 5 young people are idle – higher than their older neighbors. Mississippi has an overall unemployment rate of 8 percent, while West Virginia posts about 7 percent. Like most states, they saw their unemployment rate fall since 2011, but researchers caution that shift could come from fewer residents looking for work and from more who had simply given up their search for jobs.”
As usual, this is a HUGE reason why we preach to look further than the unemployment rate here on Out Of Our Mind.
America’s idle youth is a microcosm of a bigger internal problem. Education is becoming a problem in the United States today, as is making sure our young workers are prepared to enter the workforce.
With the shocking realities behind these numbers, America’s economic problems aren’t only hitting the top level of experienced unemployed workers, but are a full-scale issue.
In order to get out of this hole, America needs to invest in itself. Neighbors need to be neighbors, and we need to reach out a hand and help out anyway we can.
That’s why at Crossroads Consulting, despite being a recruiting firm for executive level workers, we are on a mission to help whoever we can however we can.
We try to accomplish this by offering a resume and interview preparation service for workers of any level, including someone so entry-level they might not even have a resume yet!
If you are an executive level worker and are still struggling with unemployment today, make sure to check our current job openings that we are looking to fill today.
We are invested in America, and that makes us wholly invested in you as well. At Crossroads Consulting, we strive to put the ‘human’ back into ‘human resources’