'NEETs': Why some young adults are disconnected from the job market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 72%

Job Hunting News

Careers,Jobs,Personal Finance

There is a growing share of young adults not working — some feel discouraged by factors beyond their control.

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.

"Nine percent is basically what we should be expecting during relatively good economic times for younger workers," he added.Still, some young adults in the U.S. are neither working nor learning new skills. 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘NEETs': Why some young adults are disconnected from the job marketThere is a growing share of young adults not working — some feel discouraged by factors beyond their control.
Source: nbcchicago - 🏆 545. / 51 Read more »

‘NEETs': Why some young adults are disconnected from the job marketThere is a growing share of young adults not working — some feel discouraged by factors beyond their control.
Source: NBCNewYork - 🏆 270. / 63 Read more »