The Wall Street Journal recently reported that while the U.S. labor market is in a malaise, but young adults are in crisis. Though workers of all ages face economic headwinds, teens and adults under the age of 24, especially those with little or no college education, are faring the worst, economists say. The 16.7% unemployment rate among Americans in that group is more than twice the rate for workers 25 and older.
The current slump has been longer and deeper: The unemployment rate has been above 16% for 32 months—and counting. For 29 of those months, the rate has been above 17%, reaching a record 19.5% in April of last year.
Paralyzed by a painful economy, some young adults have decided to forgo college degrees, graduate school or even the search for full-time work. Others are working temporary or odd jobs just to get by. Many have moved back in with their parents.
Unemployment is particularly acute for young men. In the 16 to 24 age group, 18% of males lacked jobs last month, compared with 15.3% of females. That is partly because the worst-hit sectors, such as construction, employ more men than women. Female-dominated sectors—health care and education, for example—have done better. It’s worth reading the whole article… I wonder how we as Church can/ might/ should respond?