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Teens in the workforce
Polarization, immigration, education: What's behind the dramatic decline in youth employment?
Since the beginning of the recent recession, the employment-population ratio for high-school age youth (16-17 years old) has fallen by nearly a third, to its lowest level ever. However, this recession has exacerbated a longer-run downward trend that actually began in the 1990s and accelerated in the early 2000s. There is little research regarding why teen employment has fallen. Some earlier work emphasized labor supply explanations related to schooling and education, such as an increased emphasis on college preparation (Aaronson, Park, and Sullivan 2006), while others have argued that adult ...
Increasing financial capability among economically vulnerable youth: MY Path
The Make Your Path (MY Path) initiative provides disadvantaged youth with peer-led financial capability trainings, a savings account at a mainstream financial institution and incentives to set and meet savings goals. The program focuses on youth earning their first paycheck?a critical ?teachable moment? to promote savings and connect youth with mainstream financial products. In 2011-12, Mission SF Community Financial Center (Mission SF) tested MY Path by delivering its suite of services to ten agencies participating in San Francisco?s largest youth employment program, the Mayor?s Youth ...
First person: Gerald Chertavian, Year Up Executive Director: changing minds
In 2000, a tech entrepreneur who dreamed of helping low-income young adults build solid career paths founded a unique school. Since then he has been changing minds about what people need to succeed.