Experiences and Perspectives of Young Workers

Registration for this webinar is closed.

Young workers in the U.S. experience higher rates of unemployment than the population as a whole. Nonetheless, they are generally optimistic about their job prospects, according to the Federal Reserve Board's December 2016 report, "Experiences and Perspectives of Young Workers." The report presents data collected through a 2015 survey and provides a snapshot of the educational attainment, employment experience, job market outlook and financial self-sufficiency of 18- to 30-year-olds.

Findings from the survey include:

• 61 percent of respondents are positive about future employment opportunities, compared with 45 percent in 2013.
• Respondents with postsecondary education and those who are currently employed are more likely to be optimistic about future job opportunities.
• Despite the flexibility of some contingent or contract work, young adults prefer jobs that are permanent and steady. They also prefer steady employment to higher pay.
• 73 percent of young workers said they were able to cover monthly expenses with their income in 2015, compared with 64 percent in 2013.

You'll hear from leading experts on young workers and the labor market. Speakers include:

• Heidi Kaplan, Board of Governors of the Federal Reserve System
• Ofronama Biu, Center for Urban Research, City University of New York
• Amy Blair, Economic Opportunities Program, Aspen Institute Workforce Strategies Initiative

Participation in this webinar is free; however, registration is required. Sign up for this session at the Connecting Communities website.

For more information, please email communities@stls.frb.org.

The Connecting Communities webinar series is a Federal Reserve System initiative providing a national audience with timely information on emerging and important community and economic development topics. All sessions are recorded and archived on the Connecting Communities website.