#labor-markets

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from24/7 Wall St.
2 weeks ago

Rising NEET Rates And The Countries Where Gen Z Is Being Left Behind

The acronym NEET refers to young people "not in education, employment or training." While the term NEET has come to be associated with modern dropout culture and feelings of discouragement common amongst Gen Z, NEET cohorts also encompass young people who are actively looking for employment and educational opportunities, and can reflect broad systemic economic issues. The share of young people not in education, employment or training crested globally in 2020,
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3 weeks ago

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Powell signaled a possible near-term interest-rate cut as slowing job growth and labor-market shifts increase downside risks to employment.
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