NEETS are not working by choice—but a ‘perfect storm' is creating a pool of highly trained and willing workers who are the ‘new unemployables' [Yahoo! Finance]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Yahoo! Finance
According to the International Labour Organization , about a fifth of people between ages 15 and 24 worldwide in 2023 are currently NEETs. In Spain alone, over half a million 15 to 24-year-olds are neither studying nor working. Meanwhile in the U.K., almost 3 million Gen Zers are now classed as economically inactive—with 384,000 youngsters joining the “workless” class since the COVID pandemic. But while some Gen Zers are avoiding the 9-to-5 grind to protect their wellbeing or because adulthood milestones like buying a home feel so out of reach that they may as well not even try, a significant chunk of young NEETS are well-qualified and want to work, but just can't land a job—and may never. That's at least, according to a recent report by Korn Ferry which warns a “perfect storm” of AI and recession-proofing, paired with talent hoarding, is to blame for the new wave of “unemployables.” ‘Wait and watch' strategy to blame for youth unemployment During the pandemic, firms hit pa
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News
- Korn Ferry's (NYSE:KFY) investors will be pleased with their favorable 86% return over the last five years [Yahoo! Finance]Yahoo! Finance
- ‘Unemployable' college grads should move their job hunt to Raleigh or Baltimore [Yahoo! Finance]Yahoo! Finance
- ‘Unemployable' college grads should move their job hunt to Raleigh or Baltimore [Fortune]Fortune
- NEETS are not working by choice—but a ‘perfect storm' is creating a pool of highly trained and willing workers who are the ‘new unemployables' [Fortune]Fortune
- 'NEETS' and 'new unemployables': Why some young adults aren't working [MSNBC.com]MSNBC.com
KFY
Earnings
- 6/13/24 - Beat
KFY
Sec Filings
- 6/28/24 - Form 10-K
- 6/18/24 - Form 4
- 6/14/24 - Form 144
- KFY's page on the SEC website