When young workers describe a tougher labor market, this is what it looks like in the data.
Before the pandemic, young (16–24) and prime-age (25–54) workers found jobs at nearly the same rate—about 28% transitioned from unemployment to employment each month. That symmetry broke in 2024. Job-finding rates for young workers dropped to around 24% while prime-age workers held near 26%. The gap has persisted into 2026 with no sign of closing.