Young Workers Fuel Recovery in Jobs Requiring a High School Diploma or Less
Emily Pollard
Economic Bulletin, 2024, 4
Abstract:
The labor force of individuals with a high school diploma or less has surpassed pre-pandemic levels thanks to an increase in the number of young workers. However, this shift toward younger workers could affect both the current and future productive capacity of the economy. Young workers lack experience and work fewer hours, which could lead to productivity losses in the short term. More concerningly, some young people appear to be foregoing education to work, which may hurt their future labor market prospects.
Keywords: young adults; labor force; economic recovery (search for similar items in EconPapers)
Date: 2024
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