Why investing in jobs for young people can boost economic recovery Sponsored by gradsoflife
Before economic uncertainty gripped the nation, young people already faced a jobs crisis. The unemployment rate for 16 to 24 year old young adults stood at more than double the national average. Summer jobs, once a rite of passage for students, were becoming increasingly rare, and youth working year-round faced increased competition for low-wage work.Now, without quick and decisive action, the pandemic could send young people into economic peril. It could take years to recover.
Instead of cancelling these summer programs or putting summer hiring on hold, cities and employers must pursue innovative solutions, like offering virtual work opportunities and connecting students to places that are ramping up hiring . With schools shuttered across the country, educators are warning of a ‘lost spring’ for students. There’s still time to ensure that these young people don’t face a lost summer as well.
Of course, employment, specifically youth employment, will look different for the foreseeable future. Safety must remain front of mind. But innovative solutions exist, and many are already being implemented.
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