Youth Unemployment: An Economic Time Bomb
Youth joblessness surged in the United States and around the world following the global financial crisis. The result is an economic, social, and security time bomb that threatens us all.
This post originally appeared in Above the Fold, the U.S. Chamber of Commerce’s digital platform featuring analysis, commentary, and real stories about the intersection of government and politics.
In the latest episode of The Business Impact, the focus is on youth employment programs and how they are critical to combating the nation’s stark skills gap.
First, Blair Taylor, chief community officer at Starbucks, discusses the 100,000 Opportunities Initiative, a national coalition of leading U.S.-based companies committed to hiring at least 100,000 Opportunity Youth by 2018.
And then Noel Ginsburg, chairman and CEO of Intertech Plastics, talks about the Denver-based company that started 35 years ago as a class project at University of Denver and how it continues to embrace those youth employment roots.