The Organization for Economic Co-operation and Development (OECD) recently warned that the continued job crisis and high unemployment experienced around the globe could permanently damage the economic prospects of today’s youngest workers.
The OECD said the lack of jobs for those aged 15-24 could create a “scarring effect” on the long-term career paths and future earnings prospects of these workers.
In 2011, 14.8 percent of American youth were neither employed nor in school or training programs. Of the 34 countries in the OECD’s study, the rate was 18.6 percent.
Harry Holzer, Professor of Public Policy at Georgetown, believes the reason that the labor force participation has dropped so much during the recession is that some people, when faced with a weak labor market, choose to simply drop out. He favors a combination of job training and educational, skill-building activities with work experience to help those currently jobless rejoin the labor force.
One answer is direct selling.
The direct selling industry offers job training and work experience for all ages. In fact, several direct selling companies—such as Southwestern and CUTCO—have long, successful histories in changing the lives of young people through their business opportunities.
Direct seeking helps young people grow personally and professionally, providing business training and personal development instruction to help them succeed in today’s business world.
Instead of dropping out of the labor force, young people should be encouraged to drop in to direct selling, where hundreds are companies are waiting to help them shape their career paths and reap financial rewards.