YOUTH UNEMPLOYMENT TOPS 80% IN PARTS OF CHICAGO, NEW REPORT SHOWS
New data highlight racial and geographic inequities in youth and young adult joblessness across
The report, Youth Employment Data Brief: Racial and Geographic Inequities in Youth and Young Adult Joblessness and Disconnection in
To fill the gap, a coalition of nonprofits proposes a job-training and placement program fueled by a
"By connecting young people to meaningful opportunities, this program would make our communities safer, strengthen the state's economy and expand the labor market with a new generation of workers," said Rep.
Key findings from the 2023 data include:
- Young Black adults in
Chicago are jobless at twice the rate of white peers. For Black 20- to 24-year-olds inChicago , 47.6% were jobless. Statewide for that group the rate was 41%. In contrast, 19.5% of white 20- to 24-year-olds inChicago were jobless, and 23.9% statewide. For Hispanic or Latino 20- to 24-year-olds, the jobless rate was 25.1% inChicago and 22.9% statewide.
- One in seven Black 16- to 19-year-olds in
Chicago was out of school and jobless, more than four times the rate for white peers. The out-of-school and jobless rate for Black 16- to 19-year-olds inChicago was 14.3%, compared to 11.7% statewide. For the White population in that age group, the rate was 3.1% inChicago and 5.7% statewide. Among Hispanic or Latino 16- to 19-year-olds, the rate was 3.6% inChicago and 4.9% statewide.
- Youth joblessness topped 80% in parts of
Chicago's South and West Sides. Some South andWest Side areas ofChicago had jobless rates exceeding 80% for 16- to 19-year-olds, and out-of-school and jobless rates above 30% for 20- to 24-year-olds.
Evidence supports the effectiveness of youth employment programs:
- Violent crime decreases. Analysis of one
Chicago program saw a 43% drop in violent crime arrests during the program, so that at$3,000 per participant, the program generated an estimated 11:1 benefit-cost ratio, primarily from reduced criminal justice costs.
- Ready-to-work & community benefits. In a
Boston program, participants were 29 percentage points more likely to have resumes prepared and 10 percentage points more likely to practice interview skills, and the youths experienced a 14.8 percentage point increase in feeling connected to people in their neighborhood and stronger mentorship ties.
- Academic benefits. A
New York summer employment program showed participation led to statistically significant increases in the number of high school Regents exams taken and passed. Participating students made up 20% of the pass-rate gap between low- and higher-income students.
- Long-term financial benefits. Drawing from the National Longitudinal Survey of Youth, a study of adolescent work experience influences on adult economic outcomes found:
- Higher adult wealth: Youth employment correlates with higher adult wealth accumulation and increased stock market participation
- Greater homeownership: Early work experience predicts greater likelihood of homeownership
- Higher adult wealth: Youth employment correlates with higher adult wealth accumulation and increased stock market participation
"We can't continue to leave our young people behind," said Sen.
"Policymakers and institutions must take targeted actions to expand access to employment, skills training, and mentorship opportunities, especially in communities hardest hit by unemployment and economic hardship," the report concludes.
"If we invest in our young people, it will strengthen our state's economy for years to come," ASN Executive Director
ABOUT THE ALTERNATIVE SCHOOLS NETWORK
The Alternative Schools Network is a not-for-profit organization in
ABOUT The UIC Great Cities Institute
The UIC Great Cities Institute works to link academic resources with a range of partners to address urban issues by providing research, policy analysis and program development. Tied to the University of Illinois at Chicago Great Cities Commitment, GCI seeks to improve quality of life in
CONTACT:
773.704.7246
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/youth-unemployment-tops-80-in-parts-of-chicago-new-report-shows-302455953.html
SOURCE Alternative Schools Network
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AG.AL Crowned Esports World Cup 2026 Club Champion After Landmark Competition in Paris
- DREAMO and DREAMOSIS Bring the Collectible Character Into a New Physical-Digital World
- Solana Unchained Emerges as a Closely Watched Solana Presale Following Product Ecosystem Reveal
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share