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Steve McIntosh Report Blog

Challenge for America's young adults

The report from Opportunity Nation was anything but optimistic. The bipartisan coalition advocating greater economic mobility reports nearly six million young Americans are neither in school nor working, about 15 percent of those aged 16 to 24.
Opportunity Nation says idle youth are missing an opportunity to build skills they will need later in life or to use knowledge they acquired in college. Without those experiences, the report predicts they are less likely to command higher salaries and more likely to be an economic drain on their communities.
The study also finds that the number of families living in poverty has increased in 49 states, while household median incomes fell in 45 states last year.
Wow! Talk about a gloomy report!
Obviously, the figures reflect a terribly sluggish economic recovery after a recession that may have been far deeper than most folks realize.
Young people who are ambitious and driven will do well under most any economic conditions. But as a group, it appears our 16-to-24-year-olds are facing serious challenges.
Our thought for today is from Euripides:
“Whoso neglects learning in his youth, loses the past and is dead for the future.”

10/24/2013 1:28AM
Challenge for America's young adults
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