- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
‘Help wanted’: Job market shows signs of life for younger workers stalled by Great Recession
Question of the Day
Young workers often are crowded out by a large pool of experienced workers competing for the same jobs. Also, employers are reluctant to hire younger workers, who require on-the-job training, until they feel sure the recovery will last, he said.
Young people in the U.S. are doing much better than their European counterparts, he said. The youth unemployment rate is as high as 56 percent to 60 percent in Greece and Spain, and remains over 20 percent in the European Union.
Mr. Eubanks attributes the better outlook in the U.S. to a labor market with more flexibility to hire and fire, making employers more open to giving opportunities to young people.
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
About the Author
- Energy Department eyes regional gas reserves for emergency use
- Economists see signs of another market bubble
- Crude oil will head north of the border to Canada
- S&P: Boeing to suffer if Ex-Im Bank killed
- U.S. job gains, unemployment dip push markets into record territory
Latest Blog Entries
TWT Video Picks
By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
- White House says Russia 'losing' war in Ukraine
- Hillary Clinton: Forget Obama, George W. Bush made her 'proud to be an American'
- EPSTEIN: All IRS roads lead to the archivist
- HAYDEN: Intelligence, evidence and the case against Russia
- D.C. seeks to stay judge's order allowing gun owners to carry in public
- Border surge puts Obama legacy on immigration at stake
- Tactical advantage: Russian military shows off impressive new gear
- KUHNER: Will Russia-Ukraine be Europe's next war?
- Illegal immigrants demand representation in White House meetings
- 'Pocket drones': U.S. Army developing tiny spies for the next big war
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq