ECONOMY
2 min read

Survey: Only 48% of Young US Adults Have Full-Time Employment

TrueGov Editorial Team1 month ago
Survey: Only 48% of Young US Adults Have Full-Time Employment

Report highlights employment challenges amid government shutdown concerns

1.

A forthcoming Rasmussen Reports survey indicates that only 48 percent of U.S. adults under age 30 currently hold full-time employment, according to information attributed to Mark Mitchell. The report comes amid descriptions of a challenging job market for young Americans, with many reportedly working part-time positions due to limited full-time opportunities.

2.

Recent corporate workforce reductions have been noted across multiple sectors. Exxon Mobil has announced plans to eliminate 2,000 positions, representing 3-4 percent of its global workforce. The technology industry has reportedly seen 166,000 layoffs through mid-September 2023, with concerns that job reductions may accelerate in coming months.

KEY POINTS

  • 48% of young adults have full-time jobs
  • Federal shutdown affects 750,000 workers
  • Corporate layoffs continue across sectors
3.

The article references the federal government shutdown that began October 1, 2025, following unsuccessful funding negotiations between President Trump and congressional leaders. According to Congressional Budget Office projections, approximately 750,000 federal employees could be temporarily furloughed during the shutdown, with estimated daily compensation costs of around $400 million. Furloughed employees typically receive back pay when government operations resume.

4.

Separately, the article mentions a "deferred resignation program" under the Trump administration that will reportedly result in approximately 100,000 federal workers leaving their positions this week. This development, combined with ongoing corporate layoffs, could potentially increase competition for available employment opportunities. Consumer confidence reportedly declined in September, with the Conference Board's consumer-confidence index dropping to 94.2, its lowest level since April.

Comments(0)
Survey: Only 48% of Young US Adults Have Full-Time Employment