Louisville’s $15 Billion Problem: 17,000 Young People are Out of School and Out of Work
The findings are startling: Roughly one in 10 metro Louisville residents ages 16 to 24 is “disconnected” from society.
That’s 16,800 young adults who aren’t working. Nor are they in school.
The consequences for failing to reengage these young people are staggering: If these disconnected youths do not join the greater Louisville workforce, the cost burden to society over their lifetimes — from lost tax revenues to an increased dependency on social welfare programs — could exceed $15 billion, researchers estimate.