Why we need to get more Americans to work today
Posted On July 1, 2021
When we first looked at the unemployment rate for Americans aged 16-24 last month, we saw that the unemployment number for Americans in the prime working age group is actually higher than the unemployment for those in their 20s.
This was due to the fact that older Americans are more likely to be in jobs that require them to be physically and mentally exhausted.
We’ve seen this before.
During the Great Recession, it was the younger generations that were the hardest hit by the recession.
The young people that got laid off during that recession, who were the ones that were most likely to find work, were the younger Americans in particular.
They were also the ones who had the highest rates of unemployment.
However, during the Great Depression, the older Americans who were hardest hit in the Great Crash, were those who were most susceptible to unemployment during the crisis.
We can see this clearly from the unemployment rates for those ages 16-25.
The younger people in this age group are more vulnerable to unemployment and the Great Drop in unemployment rates are primarily due to older Americans having less work experience than younger Americans.
As we get older, we tend to be less able to find and keep jobs.
This is a key factor that contributes to the rise in youth unemployment.
With the unemployment numbers for Americans over the age of 25 increasing over the last few years, we’re now seeing the opposite trend.
This time around, the unemployment among Americans in their early 20s has actually decreased.
However we still see a lot of Americans in that age group who are still experiencing unemployment.
This means that our economy and our economy’s economy needs more Americans working.
We need more Americans.
Unfortunately, we do not have the resources to make this happen.
If we continue to do nothing to address the economic and educational issues that are holding Americans back, we will not only be unable to create more jobs for all Americans, we’ll also be holding back the economic recovery for our youth.
It’s time to stop making excuses for why we can’t create more Americans, and make the case that we can create more of them.
We are not powerless.
We have the power to create jobs.
The only question is whether or not we will use it to the full extent that we need.