Economic recovery has been especially slow for high school students who did not go to college compared to those with degrees. New York Times staffer Patricia Cohen reports on the tough job market and high unemployment rate for young workers between 17-24 who have no college degree.
There is now a growing number of economists and others who believe that more effort must be put into improving job prospects for this demographic. JPMorgan Chase is set to do that with a $75 million program to design and deliver career-focused education in high schools and community colleges. It's aimed at repairing the stigma attached to vocational schools and community colleges:
The initiative sponsored by Chase is aimed at repairing that reputation. Although some traditional middle-skills opportunities for construction and clerical workers are shrinking, Mr. Lennon said, others are growing. In health care, for instance, radiology and phlebotomy technicians are needed; in advanced manufacturing and aviation, mechanical maintenance workers are in demand.