According to the Organization for Economic Co-operation and Development, the youth unemployment rate is to stay high through 2011. The group has been tracking trends in youth unemployment and have seen rates that are double that of the national average for all workers.
It also appears that the recent economic troubles have not helped the situation:
Across OECD member nations, the unemployment rate among youths typically hovers around roughly double whatever the normal rate for those over 25 is. But that ratio has skyrocketed to 2.8 times during the recent recession and shows no signs of slowing.
What does this mean for you? It means that if you are a young person looking for a job, you are going to face a tougher battle in the near future. This doesn’t mean that it will be impossible to find a job, but rather that you need be proactive and make yourself stand out from the crowd.
If I can offer one piece of advice, it is to start networking as soon as possible. Building your list of professional contacts is a great way to get the inside track on jobs that do become available.
Get out and meet people, build a stellar LinkedIn profile, and make sure you work the connections that you already have. It will pay off handsomely in the end.