Wednesday, February 19, 2014

The Government Takeover of Life Patterns of Young Kids

Bloomberg reports:
Just one in three teens in the U.S. worked or looked for a job in January, a record-low since 1948 when the Labor Department data starts. That lack of on-the-job experience could cost future workers, who may lag behind on basic skills their parents developed waiting tables or running registers, some economists say.

“Work experience complements skill, and the combination of the two is more valuable than either one alone,” said Anthony Carnevale, director of the Georgetown University Center on Education and the Workforce. “It is more difficult to get going, to get onto the on-ramp, in the American economy than it used to be.”

Teen labor-force participation plummeted during the 18-month recession that ended in June 2009 and has continued to fall, accelerating a two-decade-long decline. The drop started in the 1990s as college enrollment rates climbed. In January, 33.3 percent of those ages 16 to 19 were in the workforce, compared with 59.3 percent in 1978, the highest share on record.

What has changed “is the degree to which youth combine school and work,” economist Alicia Sasser Modestino wrote as a co-author in a December report published by the Boston Federal Reserve Bank. “Going to school has become the de-facto youth activity.”

The share of 16-to-19-year-olds who cited going to school as their reason for not working rose to 89 percent in 2012 from 87.7 percent in 2000, based on the Boston Fed study’s analysis of Current Population Survey data.

Got that? Instead of learning basic job skills, kids are spending more time on school activities, which are government influenced and promote interventionist, central planning ideas. No doubt, these unskilled confused kids will lead in the demand for higher minimum wages that will keep them out of the workforce at an even greater rates.

1 comment:

  1. I forget who said it, but the comment, the Educational Apparatus is just one large mask for mass unemployment is accurate.

    Nevertheless, the Federal Government gives special privileges (e.g. no payroll tax and guessing no Obamacare rules) to hiring foreign seasonal employees to work the sort of Summer jobs in tourists towns, the local kids use to do, so just as likely, as in Europe, the reaction against subsidized foreign labor is coming.