Unemployment

PI Original
by Ellyn Fortino
5:44pm
Thu Apr 28

Cook County Officials Press For Action On Youth Unemployment To Combat Chicago Violence

At a state hearing Thursday, Cook County commissioners urged for action on youth unemployment policies to help address gun violence in Chicago.

Quick Hit
by Ellyn Fortino
3:45pm
Fri Apr 22

Labor Market Looking Up For Recent Grads, But Experts Say More Improvement Needed

The U.S. labor market remains tough for today's young high school and college graduates, but their job prospects are brighter than they were for past groups of students who graduated in the wake of the Great Recession, finds a new analysis by the Economic Policy Institute (EPI)

Nonetheless, recent graduates continue to experience poor wage growth as well as unemployment and underemployment rates higher than pre-recession levels, according to the liberal think tank. Unemployment rates among young college and high school graduates also remain higher for blacks and Hispanics than whites.

"Though there has been improvement since the unemployment rate for young workers peaked in 2010, the labor market has still not completely recovered," reads EPI's report. "Thus, the class of 2016 will be the eighth consecutive graduating class to enter the labor market during a period of weakness. The evidence suggests that because of their unlucky timing -- in other words, through absolutely no fault of their own -- this cohort is likely to fare poorly for at least the next decade."

PI Original
by Ellyn Fortino
5:31pm
Tue Mar 22

Cook County Hearing Puts Spotlight On Youth Unemployment Problem

Progress Illinois provides highlights from Tuesday's Cook County hearing on youth joblessness in the region.

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