Young Americans, especially men, are taking longer to start their careers, according to a report released on Monday by Georgetown University’s Center on Education and the Workforce.
From 1980 to 2012, researchers found, the age at which young workers reached the middle of the wage spectrum—an indicator of financial independence—increased to 30 from 26. A quarter of 18- to 34-year-olds take unpaid jobs just to gain work experience, and only one in 10 of 18- to 24-year-olds considers his or her current job a career. The rate of labor-force participation among young adults has declined to a level last seen in 1972.
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