FOR IMMEDIATE RELEASE:
April 23, 2013
New Report Calls Unemployment Rates A Crisis for Young Kentuckians
In Kentucky, the unemployment rate for young adults is 17 percent for people ages 16 to 24
[FRANKFORT, Ky.] – 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 16.2 percent, which is over twice the national average. In Kentucky, the outlook is particularly bleak, as the unemployment rate for young adults is actually higher than the national youth unemployment rate.
Today Young Invincibles released a comprehensive analysis of unemployment for young people in Kentucky. The fact sheet, GET THE FACTS About Youth Unemployment in Kentucky [ http://jobs.younginvincibles.org/get-the-facts-about-youth-unemployment-in-kentucky/ ] gives an in-depth look into how economic opportunity for young adults in the state has fallen and illustrates:
-The average young adult in Kentucky ages 25 to 34 makes over $2,000 less today than in 2005.
-40 percent of workers ages 18 to 24 in Kentucky are only employed part-time.
Studies show that the inability to gain early work experience dims career prospects for a lifetime; if we do not act now, this crisis could have far-reaching economic consequences for all people in Kentucky.
Young Invincibles is leading the charge to solve this issue by conducting a national tour to highlight the need to continue to push for policies that double down on workforce training and higher education that will safeguard our country’s economic future. For information please visit http://jobs.younginvincibles.org/
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.