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Keyword: youthjobs

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  • Number of the Week: U.S. Youth Unemployment at 22.9%?

    04/08/2013 7:42:25 AM PDT · by SeekAndFind · 22 replies
    Wall Street Journal ^ | 04/08/2013 | Ben Casselman
    22.9%: The unemployment rate for Americans under age 25, adjusting for the decline in the labor force since the start of the recession. Perhaps no group has been hit harder by the recession and grinding recovery than the young. The official unemployment rate for those under age 25 is 16.2%, more than double the rate for the population as a whole. In percentage terms, unemployment has fallen far more slowly for young people than for the wider population. Those figures actually understate the severity of the problem, however. The government only considers people “unemployed” if they’re actively looking for work....