Class of 2019: High School Edition

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read Online Read More Add to Saved list
  • Additional Information
    • Availability:
      Economic Policy Institute. 1333 H Street NW Suite 300 East Tower, Washington, DC 20005. Tel: 202-775-8810; Fax: 202-775-0819; e-mail: [email protected]. Web site: http://www.epi.org
    • Peer Reviewed:
      N
    • Source:
      27
    • Education Level:
      High Schools
      Secondary Education
      Postsecondary Education
      Higher Education
    • Subject Terms:
      Employment Level; Unemployment; Underemployment; Wages; Ethnic Groups; Racial Differences; Gender Differences; Labor Market; Barriers; Economic Factors; Educational Attainment; High School Graduates; Postsecondary Education; Adults; Paying for College
    • Abstract:
      The members of the high school Class of 2019 who enter the labor market right after graduating have better job prospects than young people who graduated from high school into the aftermath of the recession, a result of the steady (if slow) progression of the economic recovery. This study analyzes data on recent young high school graduates (ages 18-21) to learn about the Class of 2019's economic prospects as they start their careers. The report begins by providing a snapshot of the educational attainment of all young adults in this age group (not just graduates) side by side with the educational attainment of all adults over age 21, to provide context and get a sense of these graduates' likely future educational prospects. In the second section, the authors look specifically at those in this age group who have graduated from high school to learn what shares of these young adults are now enrolled in further schooling, employed, both, or neither. Third, the authors narrow the focus to only those graduates who are not enrolled in further schooling to find out how they are faring in the labor market--specifically, looking at their unemployment and underemployment rates. In the fourth section, the authors analyze the wages of those who are employed (and not enrolled in further schooling), making comparisons with wages in earlier periods as well as looking at important differences by gender and race/ethnicity. In the fifth and final section, they discuss the challenges facing those students who wish to pursue a college degree: stagnating family incomes, the rising price of college and resulting student loan debt, uncertain future wage prospects, and the complicating role of for-profit colleges. This report focuses exclusively on those graduating from high school.
    • Abstract:
      ERIC
    • Publication Date:
      2019
    • Accession Number:
      ED598226