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The Impact

The Impact

 
 

A high-leverage place to invest

Youth employment has a transformative effect on many indicators that affect the growth of our region and the success of our youth.

Here are a couple of ways that impact is seen.

Higher earnings

Higher Earnings

Early employment opportunities translate into higher earnings in adulthood

  • For every year a youth works, their income in their twenties rises 14–16% [1]

  • Positive effects of teen employment on earnings can last up to 10 years [2]


Higher Graduation Rates

Youth who work are more likely to graduate high school and attend college [3]

  • The average lifetime cost of a high school dropout is over $306,000 [4]

  • 83% of STL Youth Jobs participants said being in the program made them want to get more schooling


Financial Inclusion

Youth access to money, bank accounts, and financial management practices has dramatic impact

  • Working toward financial inclusion and financial capability for children and youth will help them in their capacity to find employment or undertake entrepreneurship and become productive and economically active members of society. [5]

  • A wide variety of studies suggest a positive relationship between the ownership of a savings account and higher levels of economic and financial well-being such as savings, income, and assets, as well as academic achievement and educational attainment. [6]


Strengthened communities

Youth who work become contributors to their communities

  • In 2014, over $500,000 in wages was returned to low-income communities through STL Youth Jobs participants. This has a direct impact on stimulating the local economy


Decreased Youth Violence

Youth who work are less likely to contribute to juvenile crime

  • Youth employment is identified as a key leverage point to reduce youth violence [7]

  • 99% of our youth recommended the STL Youth Jobs program as an important way to stay out of trouble during the summer [8]


Taxpayers Save

Investing in youth employment is a proactive way to create productive citizens and reduce the burden of unengaged youth on society

  • The average youth who is neither working nor in school costs taxpayers an average of $215,580. (In other words, spending up to that amount on each opportunity youth could be justified by the return to taxpayers) [9]


View what happens year-after-year when young people are provided opportunities through paid work-based experiences and trainings.