Youth Unemployment

In jobless youth, U.S. is said to pay high price, By Shaila Dewan, January 6, 2014, New York Times: “Persistent high unemployment among young people is adding up to $25 billion a year in uncollected taxes and, to a much smaller degree, increased safety net expenditures, a new report says. ‘The key takeaway here is that it’s not just the individuals who are suffering as members of our generation,’ said Rory O’Sullivan, the policy and research director of the Young Invincibles, a postrecession youth advocacy group, which did the study. ‘When you have an entire generation of people that are out of work, it’s going to create tremendous costs for taxpayers both now and in the future…'”