FOR IMMEDIATE RELEASE:
April 23, 2013
New Report Calls Unemployment Rates A Crisis for Young South Dakotans
In South Dakota, the unemployment rate is 10 percent for young adults ages 16 to 24
[PIERRE, S.D.] – 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 South Dakota the outlook is bleak, as the average young adult ages 25 to 34 makes nearly $1,400 less today than they did in 2005.
Today Young Invincibles released a comprehensive analysis of unemployment for young Nebraskans. The fact sheet, GET THE FACTS About Youth Unemployment in South Dakota [ http://jobs.younginvincibles.org/get-the-facts-about-youth-unemployment-in-south-dakota/] gives an in-depth look into how economic opportunity for young adults in South Dakota has fallen and that a much smaller share of young workers in South Dakota have a job compared to 2005.
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 South Dakotans.
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.