Currently, about 16% of 18- to 24-year-olds are neither in school nor working, according to a recent report by the St. Louis Fed.
Pollak explained that's in part due to declining opportunities in traditionally male occupations, such as construction and manufacturing, while"women's enrollment in schooling, education outcomes, and employment outcomes have mostly trended upwards." "Employers are holding on to the talent they have and increasingly focusing on talent mobility," said David Ellis, senior vice president for global talent acquisition transformation at Korn Ferry.
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