Work, Education and Income

Investing to expand access to education, jobs and careers to build lifelong financial security for adults, youth and their families.

Mil­lions of job seek­ers in their late teens and twen­ties — espe­cial­ly young peo­ple of col­or and those from low-income fam­i­lies and com­mu­ni­ties — con­tin­ue to strug­gle to land and keep mean­ing­ful work. His­tor­i­cal­ly, young peo­ple ages 16 to 24 expe­ri­ence unem­ploy­ment rates that are at least twice the nation­al aver­age. Young peo­ple of col­or, par­tic­u­lar­ly Black and Lati­no youth, con­sis­tent­ly have high­er unem­ploy­ment rates than their white coun­ter­parts. When young peo­ple are employed, their jobs tend to not pay the kinds of com­pet­i­tive wages that would allow them to sup­port them­selves and, even­tu­al­ly, a family.

In recent years, struc­tur­al changes to the U.S. econ­o­my have made it increas­ing­ly dif­fi­cult to sup­port a fam­i­ly. Most jobs that pay fam­i­ly-sus­tain­ing wages require more post­sec­ondary edu­ca­tion and train­ing than they did in the past. At the same time, edu­ca­tion sys­tems are strug­gling to pre­pare young peo­ple to enter this chang­ing econ­o­my. While high school com­ple­tion rates have increased over time, few­er young peo­ple from low-income fam­i­lies are com­plet­ing a post-sec­ondary degree or cre­den­tial. To make mat­ters worse, the ris­ing cost of col­lege means that these young peo­ple who do attend col­lege will like­ly take on debt to do so.

From the Blog

A wide shot of attendees at the Maryland Business Summit. Guests sit at ballroom tables and listen to a speaker who is at the podium in the background.

Leaders Commit to Young Workers’ Success at Maryland Business Summit

The Maryland Business Summit brought together over 150 leaders to explore strategies for addressing workforce gaps. Read about the convening.

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Building Paths to Economic Opportunity

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