(NEW YORK) -- More than any time in the recent past, it's hard for many young people to find a job.
The reason: a generation gap in the jobs market.
People in their 50s and 60s are working longer, holding onto their jobs and putting off retirement.
"Older workers are replacing younger workers in the labor force," says economist Diane Swonk. "We're also seeing them replace younger workers in traditional places like fast food establishments and retail where you often used to see only teenagers."
As a result, many young people are "staying in school longer -- they're going to school and trying stay in school to try to get more educated" and get more needed skills, Swonk says.
Copyright 2011 ABC News Radio