One group in the United States who is not enjoying the low national unemployment rate is 18- to 24-year-old young adults who lack higher education, according to a new report.
For them, the unemployment rate is 17 percent, according to recent research by the Brookings Institution. By comparison, the unemployment rate for the general population was 3.8 percent in March.
“In theory, the path to employment providing financial security in adulthood is simple: finish high school, enroll in and complete college or training that is affordable and a good fit, gain some work experience along the way, and launch a career,” wrote Brookings’ Martha Ross and Natalie Holmes in their report. “Meet the millions of young adults who are out of work.”
The report characterized