Youth unemployment hits a 50-year low, but there’s a catch, By Aimee Picchi, August 17, 2018, CBS News: “There’s a good news/bad news situation with youth unemployment. More young Americans — defined by the Bureau of Labor Statistics as people between the ages of 16 to 24 — are working this summer, pushing the unemployment rate for the group to a 52-year low. But there’s a catch: the labor force participation rate for young Americans remains below its 1989 peak…”
Category: Employment
SNAP Job Training Programs and Work Requirements
- This program is helping Kentucky’s food stamp recipients find jobs, By Tami Luhby, August 16, 2018, CNN: “Marsha Moses was more interested in working with blood than burgers. The Corbin, Kentucky, mother of two found herself on the job market after her husband was laid off last year and the family’s finances spiraled downward. She was concerned that she’d be forced to work in a fast food restaurant since she only had a high school degree and hadn’t been employed in several years. Then she found Paths 2 Promise, which provides food stamp recipients with job training and support…”
- Georgia experiments with food stamp work training program, By Susanna Capelouto, August 13, 2018, Marketplace: “At a body shop in Atlanta, Leigh Anne Hatfield just finished taking apart the front of an SUV. ‘This is a brand new Toyota Highlander. Got smacked in the front,’ she said. Hatfield said she loves her job here at the body shop. It’s her first job since she become a certified welder. A few month ago she was so poor, she had to apply for the Supplemental Nutrition Assistance Program, also known as SNAP or food stamps…”
- Michigan will require people to work for food assistance, By Marc Daalder, August 16, 2018, Detroit Free Press: “The Michigan Department of Health and Human Services (MDHHS) is sending more than 67,000 letters this week to people on food assistance who will soon be required to start working. The work requirements, which were already reimplemented in 14 counties, will snap back into place on Oct. 1 for the rest of the state…”
Retirement Income Inequality
Retirement incomes will become more unequal, study finds, By Annie Nova, August 7, 2018, CNBC: “If income inequality continues to grow, so too will the gap between wealthy and struggling retirees. That’s the takeaway from a new report by the Urban Institute, a progressive think tank in Washington, D.C., and funded by the Department of Labor, which analyzed how rising inequality will shape the landscape of American retirement…”