2024 State of Economic Equity: The Challenges and Opportunities Facing Young Adults

June 05, 2024

A public health emergency, recession, high inflation and the tightest labor market since World War II. In the U.S., young adults (ages 18 to 24) have experienced what amounts to two distinct economies early in their lives. How are they faring in today’s job market and what do their financial and mental health outcomes look like?

Each year, the St. Louis Fed’s Institute for Economic Equity examines the nation’s current economic outlook through an equity lens. This year, the institute’s 2024 State of Economic Equity report focuses on young adults. The St. Louis Fed hosted a discussion exploring the challenges and opportunities facing young adults during a hybrid event, featuring Lowell R. Ricketts. Neelu Panth moderated a panel discussion and Q&A session with community leaders from a diverse range of organizations working to empower young adults.

Download the Presentation Slides: 2024 State of Economic Equity

A transcript follows these videos.

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This popular lecture series addresses key issues and provides the opportunity to ask questions of Fed experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.

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