FOR IMMEDIATE RELEASE
July 10, 2012
No End in Sight? Young Invincibles Releases Report on Youth Jobs Gap
Washington, D.C.— Today, Young Invincibles released a new report estimating that the economy is missing 2.7 million youth jobs that would have existed had the recession never occurred. That is about the same size as the entire population of Chicago. Even under optimistic assumptions, young Americans will not make up the lost ground before 2021 and there is a real chance the youth labor market may never recover.
“Our generation has lived through the worst economic times since the Great Depression. But the scary thing is that the recession may never end for young people,” said Rory O’Sullivan, Policy Director at Young Invincibles. He continued “But this is not an acceptable option, and the challenge is solvable. We know that investments in youth initiatives like AmeriCorps can get young people back to work and back on track. We just need political leaders with the will to enact necessary solutions.”
You can view the report here: http://younginvincibles.org/
Later this summer Young Invincibles will release a comprehensive policy agenda that lays out a path to restore opportunity for young Americans.
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Young Invincibles was founded in 2009 to ensure that the voices of young adults were heard in the historic health care debate. YI was deeply involved in supporting the law as a whole, including key youth provisions like dependent coverage. YI also submitted an amicus brief to the Supreme Court in support of the constitutionality of the health care law.