Teens face toughest job market on record - News and Current Events | futures io social day trading
futures io futures trading

Teens face toughest job market on record
Updated: Views / Replies:157 / 0
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Teens face toughest job market on record

  #1 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,886 since Nov 2010
Thanks: 3,304 given, 3,334 received

Teens face toughest job market on record

Employment opportunities for teens and early 20-somethings have plummeted in recent years, according to a new study by the Brookings Institution.

Just 26% of teens ages 16 to 19 had a job in 2011, down from 45% in 2000. That's the lowest rate on record in the post-World War II era.

The Brookings study tracked youth employment among the 100 largest metro areas using Department of Labor and Census data. The teen job market is most dire in places like Riverside, Calif., McAllen, Texas, and Los Angeles, where fewer than 1 in 6 teens are employed.

Meanwhile, Provo, Utah, boasts the highest teen employment rate in the country. About 49% of teens there are working, at least part time.

While many of these students are simultaneously enrolled in either high school or college, even modest rises in enrollment rates were not enough to explain why so few young people have jobs, said Martha Ross, fellow with the Brookings Metropolitan Policy Program and co-author of the report.

A broad measure of the labor market shows 1.8 million teens in the top 100 metro areas are "underutilized," meaning they're either looking for a job, would like to work but aren't looking, or they have a part-time job but would prefer to work full time.

"Underutilization spiked, and that wouldn't happen if people were happily in school and not wanting to work," Ross said.

College-aged adults also experienced a decline in job opportunities. Back in 2000, 72% of 20- to 24-year-olds were employed, but that rate declined to 61% in 2011.

The report shows non-hispanic whites, and young people who come from higher-income families are most likely to find jobs. Also, young women were slightly more likely to be employed than young men. Meanwhile, problems were most pronounced among blacks, students from lower-income families and high school dropouts.

As for education, high school truly is the new middle school: a key step in one's schooling, but not nearly enough to prepare students for a job.

Employment opportunities for recent high school grads are at historic lows. Of the students who completed high school in 2012 but didn't immediately go on to college, 70% tried to get a job but less than half (46%) succeeded in finding one.

That's the lowest number on record, since the Department of Labor started tracking that data in 1959.

The previous generation had more opportunities, even without pursuing a college degree. In the class of 1993, 64% of students who didn't immediately enroll in college found jobs within a year or so of receiving their high school diploma.

The Brookings report blames these downward trends partly on the education system. High schools should better prepare students for college coursework through dual enrollment and early college programs, Ross said.

Meanwhile, other forms of job training, like apprenticeships and applied two-year degrees, should be made a bigger priority for the large numbers of American youth who still don't make it to college, Ross said, citing figures from another report, "College and Career Ready in the 21st Century."

Of 100 9th graders, about 70 will complete high school. Within that group, about 44 will start college, but 22 will drop out before earning any type of certification. Another 8 will earn either a certificate or associates degree within 6 years, and just 14 of the original 100 students will earn a bachelor's degree.

"It is a grim scenario, but we don't have to accept it," Ross said. "We can create much stronger linkages between school, college and work so young people don't flounder when they leave high school or college."

Teens face toughest job market on record, study says - Mar. 14, 2014

Reply With Quote


futures io > > > > Teens face toughest job market on record

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge - $500 in Amazon Gift Cards!


AXESS Trader: Powerful Cloud Based Trading Platform w/GFF Brokers

Jul 17

TBA: FuturesTrader71 w/Morad Askar

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
El-Erian: Fed Faces One Of Its Toughest Jobs Ever Quick Summary News and Current Events 0 March 12th, 2013 11:50 AM
Six More Reasons Why the Job Market in the US Is Still Bad Quick Summary News and Current Events 0 December 6th, 2011 01:50 PM
Only Toughest Thrive in Glencore's Trading Culture Quick Summary News and Current Events 0 April 18th, 2011 01:20 AM
Planned Job Cuts in January Are the Lowest on Record Quick Summary News and Current Events 0 February 2nd, 2011 07:40 AM
Market Maker's job alex123 Psychology and Money Management 5 November 12th, 2009 01:55 AM

All times are GMT -4. The time now is 06:31 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-07-17 in 0.08 seconds with 14 queries on phoenix