PolicyMic By: Tim Donovan Six years after the subprime mortgage bubble brought the global economy to its knees, young Americans are still struggling. Youth unemployment has remained in the double-digits for the last 70 consecutive months, according to a new report from “postrecession...
Talking Points Memo By: Tom Allison As Congress confronts the Jan. 15 deadline to extend the United States’ spending authority, members should prioritize addressing the nation’s youth unemployment crisis. Monday, Young Invincibles released a report that for the first time puts a price tag...
GenProgress By: Douglas Bair “As our young people advance, we all advance,” Senator Cory Booker (D-NJ) said this afternoon at the U.S. Capitol addressing a crowd for Young Invincibles’ event unveiling the organization’s new report—In This Together: The Hidden Cost of Young Adult...
Triangle Business Journal By: Jason deBruyn North Carolina is among the hardest-hit states in terms of unemployed young people, something that is costing the state tens of millions of dollars, according to a new study. The information was released about the same...
The Courier-Journal By: Jere Downs Persistently high unemployment among young people, including lost tax revenue and greater demand for social services, is a greater burden for Kentucky and Indiana taxpayers than other states, according to a study released Tuesday. The...
The Fiscal Times By: Eric Pianin While much has been made of the plight of the nation’s millennials in the wake of the worst recession and slowest recovery since World War II, far less is known about the economic cost of...
CBS News By: Aimee Picchi The Great Recession hurt many generations, but one lingering result is an ongoing challenge for “millennials,” or adults age 18 to 34, in finding work. While this generation is facing long-term problems from years of unemployment,...
LA Times By: Shan Li Stubbornly high unemployment among millennials costs the U.S. billions in lowered tax revenue and higher safety net costs, according to one study. Millennials — defined as those 18 to 34 years old — have suffered from...
New York Times By: Shaila Dewan Persistent high unemployment among young people is adding up to $25 billion a year in uncollected taxes and, to a much smaller degree, increased safety net expenditures, a new report says. “The key takeaway here is that...
FOR IMMEDIATE RELEASE: January 28, 2014 Contact: Colin Seeberger, colin.seeberger@younginvincibles.org, 214.223.2913 Young Invincibles’ Statement On President Obama’s Fifth State of the Union Address [WASHINGTON]— This evening, President Obama delivered his fifth State of the Union Address. Aaron Smith, Young Invincibles Co-Founder...