This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Study Shows Unemployed Youth Skyrocketing

LOUISVILLE, Ky. (AP) â¿¿ A nonprofit group said Monday the number of young adults who are not in school and unemployed in Kentucky and around the nation is skyrocketing.

The children's advocacy group the Annie E. Casey Foundation said in the report that U.S. youth employment rates for both 16- to 19-year-olds and 20- to 24-year-olds are the lowest they've been in 50 years.

In Kentucky alone, between 2000 and 2011, the number of young adults ages 20 to 24 who are not in school and not working grew by 88 percent. For 16- to 19-year-olds, the number rose 3 percent, the foundation said.

"We cannot attend to the looming question of disengaged youth with worn-out answers," Terry Brooks, executive director of Kentucky Youth Advocates, said in a news release. "Instead, we have to invent new structures and new expectations around which business, government, schoolhouses, faith communities and nonprofits work together."

Kentucky Youth Advocates, based in Louisville, is a nonprofit children's advocacy organization.

The report blames the problem on several factors, including increasing competition from older workers due to the recession, youths who do not graduate high school ready for college, poverty and low-performing schools.

The foundation warns the youths are heading toward a path of chronic unemployment as adults.

The report uses the label "disconnected youth" to describe the group.
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,067.10 +16.35 0.10%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,826.9190 +16.1310 0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs