Briefing

Human Capital Investment: Would Higher-Order Skills Help Disconnected Youth?


Abstract: Human capital investments remain cost-effective well into young adulthood. A multidimensional approach to human capital development emphasizes developing self-reflection abilities and strategic thinking skills alongside traditional academic knowledge. Higher-order skills — like teamwork, critical thinking and self-control — offer high returns for disconnected youth and are well-compensated in the labor market.

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2025-06-23

Volume: 25

Issue: 24