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The U.S. loses $25 billion annually due to severely high levels of unemployment by young adults

http://www.elabs10.com/content/2010001408/FebNews6_1.pngThe U.S. loses $25 billion annually due to severely high levels of unemployment by young adults, says Young Invincibles in a policy and data report, In This Together: The Cost of Young Adult Unemployment. The group projects that each 18- to 24-year-old who is unemployed will cost federal and state government more than $4,100 each year. In a related area, the National Human Service Assembly’s two-generation research identifies promising practices for helping unemployed youth who are raising children get back on track towards college or careers.

02/10/2014