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ABSTRACT

February 1998, Vol. 121, No. 2

Labor market success of young adults from two generations

Kurt Schrammel
Economist, Office of Employment Projections, Bureau of Labor Statistics


Contrary to the expectations of some labor market analysts, young adults born during the "baby bust" have thus far been less successful, in terms of earnings and other labor market measures, than their "baby boom" counterparts. Using various measures derived from the Current Population Survey, this article compares the labor market experiences of young adult workers born during the baby boom with those born during the baby bust. The young adult labor force, employment, and unemployment are examined from the early 1970s to 1996, as well as real median weekly earnings and occupational employment and earnings changes.

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Labor Force Statistics from the Current Population Survey

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