According to a recent report by CBS, the COVID-19 pandemic has dealt a serious impact on the U.S. economy, and the unemployment rate in the United States, especially among young people, remains high.
For young people in the United States, this pandemic is a disaster.
The pandemic has led to high unemployment among young people.
According to the report, the unemployment rate of young people in the United States in 2020 is much higher than that of other people.
According to the U.S. Bureau of Labor Statistics, the unemployment rate for young people aged 16 to 24 in the United States reached 27 percent at the peak in April 2020.
According to the report, this situation is because the pandemic has had a serious impact on some industries that tend to employ young people, such as restaurants, bars, cafes and stores.
A quarter and one in five young workers worked in the leisure hospitality industry and retail industry in 2020, but both industries lost 3.3 million jobs and 680,000 jobs respectively that year, according to the U.S. Bureau of Labor Statistics report.
In addition, these industries also do not allow employees to work remotely during the pandemic, which increases the risk of young people contracting COVID-19 and their commuting costs remain high.
The cost of living is high. Young people choose to live with their parents.
According to the report, under such circumstances, it is difficult for these young people to continue to pay rent and living expenses, and many young people choose to return to their parents’ homes to reduce living expenses.
The Pew Research Center in the United States reported that for the first time since the 1930s, the number of young people living with their parents in the United States has increased. Some young people said that returning to their parents’ homes felt like they were “back to adolescence”.
The delay in finding a job has made many young people wonder whether they are still able to live independently.
The impact of the pandemic on young people may last for a long time.
And for those young people who are lucky enough to find jobs during the pandemic, the report said that they are not in a good situation.
Because they enter the job market during the recession, their income starting point may be lower than that of their peers who entered the job market at other periods, which may lead to their generally low income levels in the future.
Some experts said that the impact of the pandemic on young Americans may last for a long time.