Every Unemployed Youth Costs Society $37,000 A Year

Claire Gordon
unemployed youth costs society
unemployed youth costs society

The crisis of jobless youth might be seen as mostly a problem for jobless youth, the so-called "lost generation," and many of their parents, too, who are providing shelter for their 20-something offspring in record numbers. But it's a problem for the country, too. According to a new report, every unemployed young adult is siphoning an average of $14,000 out of the system annually, and burdens it by a total of $37,000 yearly.