Soaring Teen & Young Adult Unemployment Rate

MINNEAPOLIS (WCCO) — This year’s Kids Count report shows a soaring teen and young adult unemployment rate.

The annual survey on kids’ well-being shows 16- to 24-year olds are finding it tough to get an entry-level job these days due to lingering effects of the recession and competition from older workers.

WCCO Radio

While young people in Minnesota are faring better than those in other states, Kids Count spokeswoman Laura Speer says their job prospects have declined dramatically from just a decade ago. She says in 2000, 63 percent of teens had a job, compared to just 42 percent today.

The report says these “disconnected youth” are facing difficult times ahead if they can’t find some financial stability, and taxpayers will pay the price as government spends more to support them.

More from Laura Oakes
Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From WCCO | CBS Minnesota

The Leaderboard
Good Question

Listen Live