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Some Workers The Free Market Just Won’t Hire

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-14-10 08:03 AM
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Some Workers The Free Market Just Won’t Hire
http://seminal.firedoglake.com/diary/40790/

With the Local Jobs for America Act putting the possibility of direct government hiring back on the table, we must make sure any hiring programs actually reach the communities that need help most. In this recession, there are four distinct groups of people that have been hit the hardest:

* Non-College Graduates. Adults with only a high school diploma have more than twice the unemployment rate (10.8 percent) of adults with a bachelor’s degree (4.7 percent).

With so many skilled workers out of work, why would companies spend additional money hiring and training unskilled workers? Unfortunately though, if no one steps up to invest in young workers, we will create an entire generation of people with no skills to thrive in the 21st century economy

* Young and Old. Unemployment among workers between the ages of 20-24 is at almost 15 percent.

But we can’t forget about older workers, either. We tend to be complacent because workers over 55 are in the least likely demographic to lose their jobs. However, when they do become unemployed, people over 55 have the hardest time finding new work than those in any other age demographic.


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