Ever since students began returning to classrooms in the late summer and fall of 2021, countless news stories have described intense staffing shortages in primary and secondary schools. The pandemic has wreaked havoc on the country's K-12 educational workforce, with overworked educators retiring or leaving the profession, insufficient substitute…

The members of the high school Class of 2019 who enter the labor market right after graduating have better job prospects than young people who graduated from high school into the aftermath of the recession, a result of the steady (if slow) progression of the economic recovery. This study analyzes data on recent young high school graduates (ages…

Fallout from the Great Recession did a lot of damage to the employment prospects of young adults just entering the workforce after graduating from high school or college--and that damage persisted well into the recovery. In this study, the authors analyze data on recent young college graduates (ages 21-24) to learn about the Class of 2019's…

Sustained improvements in economic conditions in recent years have brightened young graduates' prospects for employment and wage growth. This report focuses exclusively on those graduating from college. This study analyzes data on recent young college graduates (ages 21-24) to learn about the Class of 2018's economic prospects as they start their…

This study analyzes data on recent young high school graduates (ages 18-21) to learn about the Class of 2018's economic prospects as they start their careers. The report begins by providing a snapshot of the educational attainment of all young adults in this age group (not just graduates) and of all working-age adults (ages 18-64) to provide…

Hispanics now represent 18.1 percent of the U.S. population, making their labor market outcomes an important economic policy issue. A central question for researchers and policymakers is whether the labor market conditions of Hispanics have improved, stayed the same, or deteriorated in recent decades. To help answer this question, this report…

The Great Recession and its aftermath have had long-lasting effects on the employment prospects of young people entering the workforce after graduating from high school or college. Despite officially ending in June 2009, the recession has left millions of people unemployed for extended spells, with recent workforce entrants such as young graduates…

The Great Recession officially ended in June 2009. However, the labor market has made agonizingly slow progress toward a full recovery, and the slack that remains continues to be devastating for workers of all ages. The weak labor market has been, and continues to be, very tough on young workers. Though the labor market is headed in the right…

Though the labor market is slowly improving, the Great Recession that began in December 2007 was so long and severe that the crater it left in the labor market continues to be devastating for workers of all ages. Unemployment has been above eight percent for more than three years, and 12.7 million workers remain unemployed today. The weak labor…

The Great Recession left a crater in the labor market that has been devastating for unemployed Americans of all ages. After more than two years of unemployment at well over 8%, there is a hole of more than 11 million jobs, with average spells of unemployment lasting nearly nine months. The weak labor market has been particularly tough on young…

A misplaced obsession with the size of federal budget deficits remains the single biggest obstacle to enacting new measures to create jobs on a scale commensurate with the crisis in the American labor market. Even assuming that budget scoring rules can't be changed, at the very least policy makers should be aware of the true impact a given piece…

It will take years for the labor market to recover from the damage induced by the recent recession. While monthly job losses almost surely peaked in 2009, the unemployment rate will likely peak in 2010 (CBO 2010a). In April, the unemployment rate reached 9.9% and the overall economic cause is simple: firms are not hiring quickly enough, as…