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Today’s Youth are America’s Workforce Pipeline
- The teen and young adult population is growing fast, particularly among
minorities and immigrant youth. By 2010, today’s teens and young adults will
make up the largest segment of America’s labor force.
"By 2010, while 41 million new workers enter the workforce, a staggering 76
million workers will enter retirement. Herein lies a crisis or two." (“The
Jobs Revolution: Changing How America Works,” by Steve Gunderson, Roberts
Jones and Kathryn Scanland; email info@jobsrevolution.com.)
America’s Future Workforce Is More Diverse
- From 1980 – 2000, the native workforce grew by 44 percent. From 2000 –
2020, the native workforce will not grow – zero percent growth. (“The Fifth
Revolution: America’s Emerging Workforce;” power point presentation by Steve
Gunderson, The Greystone Group, Inc., to the U.S. Conference of Mayors,
January 2004.)
"Never before in American history has the economic success of our minorities
been as important to the majority population as it will be in the next
decade and beyond." (“The Jobs Revolution: Changing How America Works” by
Steve Gunderson, Roberts Jones and Kathryn Scanland; email
info@jobsrevolution.com.)
Are America’s Future Workers Prepared?
- An estimated 3.8 million youth (18-24), roughly 15 percent of all young
adults, are neither employed nor in school. Since 2000 alone, the ranks of
these non-engaged young adults grew by 700,000, a 19 percent increase. (Kids
Count Data Book, Annie E. Casey Foundation, 2004)
http://www.aecf.org/kidscount/databook/essay.htm.)
- In 2003, 28 percent of 8th grade students scored below the basic reading
level and 33 percent of 8th grade students scored below the basic math
level. (U.S. Department of Education, National Center for Education
Statistics, The Nation’s Report Card Mathematics Highlights 2003, NCES
2004-451, Washington, DC: 2004, Figure 4, p. 8.)
- Nationwide the overall graduation rate for the class of 2001 was 68
percent, with nearly one-third of all public high school students failing to
graduate. (Who Graduates? Who Doesn’t?, Urban Institute, 2004,
http://www.urban.org/url.cfm?ID=410934.)
- Only half of the nation’s minority students graduate from high school
along with their peers. For many groups – Latino, black, or Native American
males – graduation rates are even lower. (
http://gseweb.harvard.edu/~hepg/dropoutsinamerica.html .)
- According to a 2004 report by the Education Trust, only six out of ten
students who begin college at four-year colleges and universities, earn a
B.A. within six years. This translates into over 500,000 students a year
failing to complete college, a figure that includes a disproportionate
number of low-income and minority students. Just 26 percent of youth from
low-income families earned a bachelor’s degree with six years.
Many young people are unprepared to meet the needs of employers or the
challenges of higher education.
- Over 75 percent of new jobs will require post-secondary education or
training. (“The Fifth Revolution: America’s Emerging Workforce;” power point
presentation by Steve Gunderson, The Greystone Group, Inc., to the U.S.
Conference of Mayors, January 2004.)
- American business currently spends more than $60 billion each year on
training, much of that on remedial reading, writing, and mathematics. High
school dropouts are unable to enter the workforce with the necessary skills
to meet the demands of the nation’s global economy. (Alliance for Excellent
Education fact sheet,
http://www.all4ed.org/publications/Economy
percent20Factoids percent20for percent20Website.doc )
- Even in the midst of a “sluggish recovery” the U.S. Chamber of Commerce
found that half of the businesses it surveyed considered it difficult to
fill job openings. Less than one-third were confident that their employees
would meet job requirements very well when looking ahead two years.
- 42 percent of college instructors and 45 percent of employers say that
high school graduates are not prepared for college and employment. (Peter D.
Hart Research Associates/Public Opinions Strategies, (Rising to the
Challenge: Are High School Graduates Prepared for College and Work? Prepared
for Achieve, Inc., 2005)
Teen Employment Rates are at a Record Low
-
The current employment rates for teens and young adults are at
historically record lows. The employment rate for teens declined from 36.8
percent in 2003 to 36.4 percent in 2004, the fourth consecutive year of
decline in the teen employment rate.
- The 2004 rate is the lowest in the 57 years that this data has been
collected, despite overall job growth over the past few years. (Center for
Labor Market Studies Northeastern University,
http://www.nyec.org/Teen_Employment_jan_2005.pdf .)
- According to the Bureau of Labor Statistics, in May of 2004, the jobless
rate for African-American teens was more than 32.5 percent, 19.7 percent for
Hispanics teens and 15.7 percent for white teens, not seasonally adjusted.
- The employment rate of teens decreases sharply with family income.
Students who live in high-poverty neighborhoods and students from low-income
families are much less likely to work than youth in higher-income
communities or from higher-income families. (College Majors Handbook with
Real Career Paths and Payoffs, Second Edition, Neeta P. Fogg, Ph.D., Paul E.
Harrington, Ed.D., Thomas F. Harrington, Ph.D.; Jist Works: America’s Career
Publisher.)
Those who have dropped out of school are at high risk of incarceration.
Education, Work Experience and Skills are Key to Preparing Future Workforce
- High school graduates have much higher annual and lifetime earnings than
dropouts and those with more years of schooling have higher earnings than
those with less.
- Young graduates of two-year degree programs earn 25 to 30 percent more per
year than high school graduates with no degree.
- Young bachelor’s degree holders earn about 75 percent more per year than
their high-school-graduate counterparts.
- The size of the earnings advantages grows larger over time.
- The earnings of college graduates grow more rapidly for more years than
the earnings of high school dropouts. (College Majors Handbook with Real
Career Paths and Payoffs, Second Edition, Neeta P. Fogg, Ph.D., Paul E.
Harrington, Ed.D., Thomas F. Harrington, Ph.D.; Jist Works: America’s Career
Publisher.)
Early Work Experience Matters
Early work experience improves prospects for employability in the later
teens and early 20s and develop both soft skills sought by employers
(punctuality, dependability, team work, communication skills, customer
service) and occupational skills. Work experience in high school for
economically disadvantaged and minority youth increases their likelihood of
graduation from high school relative to those who do not work at all.
- Local areas with high levels of work among teenage women are characterized
by lower teen pregnancy and birth rates.
- Local areas with high levels of male teen employment are often, though not
always, characterized by lower rates of delinquency and property crime among
teens.
- Youth who work more in high school and do not attend four-year colleges
immediately upon graduation make much smoother transitions into the labor
market upon graduation than their peers with little or no work experience.
- Work experience in the junior/senior year adds to wages in the later teen
years and to increased annual earnings through age 26 especially for those
not attending four-year colleges. (“The Summer Job Market for U.S. Teens
2000 – 2003 and the Projected Job Outlook for the Summer of 2004,” power
point presentation by Andrew Sum, Ph.D. & Iswar Khatiwada, Center for Labor
Market Studies, Northeastern University, to the U.S. Conference of Mayors,
June 2004.)
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