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Archive for youth

Federal Reserve Board: Polarization, Immigration, Education: What’s Behind The Dramatic Decline in Youth Employment?

From the abstract: “This paper presents updated trends in teen employment and participation across multiple demographic characteristics, and argues that, in addition to immigration, occupational polarization in the U.S. adult labor market has resulted in increased competition for jobs that teens traditionally hold. Testing various supply and demand explanations for the decline since the mid-1980s, I find that demand factors can explain at least half of the decline unexplained by the business cycle, and that supply factors can explain much of the remaining decline.”

PewResearch: Old Prosper Relative to Young With 47:1 Age-Based Wealth Gap

According to the report: “As a result of these divergent trends, in 2009 the typical household headed by the older adult had $170,494 in net worth, compared with just $3,662 for the typical household headed by the younger adult. People generally accumulate wealth as they age, so it is not unusual to find large age-based gaps on this measure. However, the current gap is unprecedented. In 1984, the age-based wealth gap had been 10:1. By 2009, it had ballooned to 47:1.”

The Internet in Society: Empowering or Censoring Citizens?

From the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA):

From Turkle to Sesame: What’s a Computer?

From Sherry Turkle’s “The Second Self,” p21:

… the computer is a metaphysical machine. Children too are provoked. The computer creates new occasions for thinking through the fundamental questions to which childhood must give a response, among them the question “what is life?”

From Sesame Street (h/t jgieseking, Aga Skorupka):

AP: Census Data Shows Recession Takes Big Toll on Young Adults

From the article: “Young adults are the recession’s lost generation. In record numbers, they’re struggling to find work, shunning long-distance moves to live with mom and dad, delaying marriage and raising kids out of wedlock, if they’re becoming parents at all. The unemployment rate for them is the highest since World War II, and they risk living in poverty more than others – nearly 1 in 5.”

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