Bleak outlook for young workers

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Youth Employment 00:43

By Carl Azuz, CNN

(CNN) -- "America's young people stand last in line for jobs."
That's the warning from the Annie E. Casey Foundation, a private charity that aims to assist underprivileged children in the U.S.  The organization recently released a report that says youth employment is at its lowest level since the second World War.
The foundation says that only about half of Americans between the ages of 16 and 24 had jobs in 2011.  And when you look at the numbers for the teenagers in that group, 25% percent of them were employed last year -- a significant drop from the year 2000, when 46% of teenagers had jobs.
    The lingering effects of the Great Recession are largely to blame here.  Entry-level jobs at restaurants and clothing retailers have increasingly gone to more experienced, more qualified workers, according to the study.  This has left young people without a paycheck and without the workplace experience that could help them later in their careers.
      It also places a burden on taxpayers, as the federal and local governments spend more to support young, unemployed workers.
      The foundation lists a number of recommendations for addressing the issue.  You can view the full report here.