FOR IMMEDIATE RELEASE:
May 14, 2013

Contact:
Rae Roca
Rae.roca@younginvincibles.org
202.378.3526

Unemployment Remains High in Alaska, but Median Wages Shows Progress for Young Adults
In Alaska, the unemployment rate is 13.5 percent for young adults ages 16 to 24

[JUNEAU, Ala.] – In a time of across-the-board budget cuts, dismal job prospects continue to leave young Americans unsure about their economic future. Currently, young adults face a national unemployment rate of 16.1 percent, which is over twice the national average. In Alaska, the unemployment rate for young adults is nearly twice the state average.

Today, Young Invincibles released a detailed analysis of unemployment for young people in Alaska. The fact sheet, GET THE FACTS About Youth Unemployment in Alaska [http://jobs.younginvincibles.org/get-the-facts-about-youth-unemployment-in-alaska/] gives an in-depth look into how economic opportunity for young adults in the state has fallen.

While the percentage of younger adults in the workforce with full-time jobs has decreased nearly 20 percentage points since 2005, young adults ages 25 to 34 still enjoy a median income of $45,000 annually—an increase of more than $7,000 since 2005.

Young Invincibles is leading the charge on this issue, conducting a national tour to highlight the need to push for policies that double down on workforce training and higher education and that will safeguard our country’s economic future.
For information please visit http://jobs.younginvincibles.org/

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Young Invincibles is a national organization committed to amplifying the voices of young Americans, aged 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young Americans are represented in today’s most pressing societal debates through cutting-edge policy research and analysis and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.