Home Must Reads Unemployment high for young workers

Unemployment high for young workers

| Print |  Email
Must Reads
Monday, April 09, 2012

As unemployment declines in Oregon, youth unemployment continues to rise.

Oregon Employment Department regional economist Carolyn Eagan said the overall unemployment rate last year was 9.4 percent but was 19 percent for workers age 16 to 24, compared to about 11 percent in 2007.
Guy Tauer, another regional economist, said young workers have lost more employment than other age group.
"It's one of the groups that has suffered the greatest," he said. "Looking at hiring data and total employment, the younger you are the worse the recession has impacted you."
"It's an employer's market," he said, and employers can pick the most experienced people for jobs, putting people with less experience at a disadvantage."

Read more at The Daily News Online.

{biztweet}youth unemployment{/biztweet}

 

 

More Articles

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

The barber is back

June 2014
Thursday, May 29, 2014
BY MIKE GREEN

An old profession is new again.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Proceed with caution

June 2014
Thursday, May 29, 2014
0614leadersBY COURTNEY SHERWOOD

Business and civic leaders weigh the risks and rewards of going green.


Read more...

Hipsters gone wild

June 2014
Thursday, May 29, 2014
BY JON BELL

A new generation of outdoor apparel companies targets the young and the urban.


Read more...

Salvage operation

June 2014
Thursday, May 29, 2014
BY JONATHAN FROCHTZWAJG

For Far West Fibers, one of Oregon's largest and oldest mixed-recycling companies, garbage alchemy has long been big business.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS