Young Adult Unemployment
Young adults are finding it tough to bring in a paycheck these days.
FOX News Radio’s Jennifer Keiper reports:
Evan Feinberg with the advocacy and research group Generation Opportunity tells FOX News Radio for young job-seekers…
(Feinberg) “We know that the marketplace is extremely competitive because there aren’t new jobs.”
The kind of jobs that Feinberg says there’s a thirst for in a booming economy.
But Keith Hall with the Mercatus Center says it may take awhile, but there will be a turnaround.
(Hall) “Baby boomers are going to retire and at some point you’ve got a major chunk of the workforce retiring and that should open up a lot of jobs for youth.”
The government says April’s 7.5% unemployment rate jumped to 7.6% in May as more people started looking for work. Only about three-quarters of them found jobs.
Jennifer Keiper, FOX News Radio.
