Students on a tour (photo via NYCEDC)
Starting one’s adult life in poverty and without a job has serious long-term economic consequences that negatively impact future job prospects, earnings, and wealth. Young people are scaling one of the toughest jobs cliffs in recent memory, and the situation is a looming threat to economic growth in our state. We need to combat New York’s young adult unemployment crisis with a robust strategy, and now.
One analysis found that a young person who is unemployed for six months can expect to
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