Experiences and Perspectives of Young Workers (Webinar)
Young workers in the U.S. experience higher rates of unemployment than the population as a whole. Nonetheless, they are generally optimistic about their job prospects, according to the Federal Reserve Board's new report, “Experiences and Perspectives of Young Workers.” The report, which presents data collected through a 2015 survey, provides a snapshot of the educational attainment, employment experience, job market outlook and financial self-sufficiency of 18- to 30-year-olds.
Findings from the survey include:
- Sixty-one percent of respondents are positive about future employment opportunities, compared with 45 percent in 2013.
- Respondents with postsecondary education and those who are currently employed are more likely to be optimistic about future job opportunities.
- Despite the flexibility of some contingent or contract work, young adults prefer jobs that are permanent and steady. They also prefer steady employment to higher pay.
- Seventy-three percent of young workers said they were able to cover monthly expenses with their income in 2015, compared with 64 percent in 2013.
Join us for this one-hour Connecting Communities® webinar to learn more findings from this new Federal Reserve report. You’ll hear from leading experts on young workers and the labor market.
- Heidi Kaplan, Board of Governors of the Federal Reserve System
- Ofronama Biu, The NYC Labor Market Information Service (NYCLMIS), Center for Urban Research, City University of New York
- Amy Blair, Economic Opportunities Program, Aspen Institute Workforce Strategies Initiative
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