1. Labor market and economic trends for young adults

This chapter looks at the following key labor market and economic trends separately for young men and young women by their level of education.

Class of 2023: Young adults are graduating into a strong labor market

The unemployment rate for young workers is about 2.6 times that of their older counterparts, which means that for every 1 percentage point ...

Youth labor force participation rate at 60.4 percent in July 2024

During these months, large numbers of high school and college students search for or take summer jobs, and many graduates enter the labor market to look for or ...

60.2 percent of youth participated in the labor force in July 2023

The summer labor force participation rate for 16- to 24-year-olds was 60.2 percent in July 2023, little different from a year earlier (60.4 percent).

Fast Facts: Employment rates of young adults (561)

Employment rates of young adults · highest for those with a bachelor's or higher degree (88 percent); and · lowest for those who had not completed high school (60 ...

1. Key milestones for young adults today versus 30 years ago

Compared with their parent's generation, young adults today are more likely to work full time. These trends in employment can be connected to ...

Young adults are graduating into a more promising labor market

As a result, the economy bounced back quickly, and employment is now within 1% of pre-recession levels. Mirroring the overall labor market ...

Global Employment Trends for Youth 2022

The potential labour force, which comprises young people who are not part of the labour force but are marginally attached to the labour market,1 rose by 7 ...

Advancing Economic Security for U.S. Young Adults | St. Louis Fed

The large share of young adults reporting no wages presents an opportunity for improving their labor force involvement through interventions ...

Youth and the Labor Force: Background and Trends - CRS Reports

These measures eroded even as the economy grew in the mid-2000s, and then declined further immediately following the recession. Although the labor force ...

Young adults are disconnected from work and school due to long ...

Education often serves as a channel to absorb young adults disconnected from the labor force during economic downturns. While school enrollment ...

Men's Falling Labor Force Participation across Generations

Figure 1 shows that younger men tend to have somewhat higher nonparticipation rates that decline until about age 30 and increase thereafter.

Economic Conditions of Young Adults Before and After the Great ...

... youth enter the labor market. Even with substantial changes over time ... Employment Trends and Economic Conditions by Gender. Figures 1 and 2 show the ...

Investing in Workers Can Further Ease Inflation and Boost Economic ...

The U.S. labor market has largely recovered from the recession that resulted from the COVID-19 pandemic, with the U.S. unemployment rate nearing ...

Global Employment Trends for Youth 2022

... labour force but are marginally attached to the labour market,1 rose by 7 million. The number of those outside the extended labour force rose by 27 million.

Labor Market Uncertainties for Youth and Young Adults - jstor

estimates show that the labor force participation of youth in countries in the Organisation for economic Co-operation and Development (OeCD) has declined ...

Overview of Economic, Social, and Demographic Trends Affecting ...

Even in today=s tight job market (1998:1), unemployment rates are high ... Policymakers should focus on preparing young adults to enter the labor market.

The Persistent Effects of Initial Labor Market Conditions for Young ...

“Job Referral Networks and the Determination of Earnings in Local Labor. Markets.” Journal of Labor Economics 33 (1): 1–32. Schwandt, Hannes, and Till von ...

Employment and disconnection among teens and young adults

Although they typically have higher unemployment rates than older workers, the Great Recession and slow recovery have focused attention on the ...

Youth and the Labor Force: Background and Trends

These measures eroded even as the economy grew in the mid-2000s, and then declined further immediately following the recession. Although the ...