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Fed Publishes Report Based On 2013 Survey of Young Workers

Posted on 11/20/2014

The Federal Reserve Board today published a new report based on its 2013 Survey of Young Workers that provides insight into numerous labor market topics, including the educational attainment, work experience and expectations of adults aged 18-30.

The report highlights the experiences and aspirations of young adults entering the workforce, as well as their outlook on their future. The survey found that 45 percent of respondents are optimistic about future employment opportunities compared to 21 percent who are pessimistic and 34 percent who are not sure. The study also found that young people are responding to the increased demand for postsecondary credentials and degrees, yet the inability to pay for postsecondary education affects their decision to enroll.

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