USA Today‘s Brittany Hargrave quotes Diana Carew on the teen unemployment rate:
Teen unemployment was 24.5% last month, more than triple the national jobless rate of 7.6%, the Bureau of Labor Statistics reports.
Those unemployment rates reflect only those people who are actively looking for work, not those who have given up or never looked in the first place.
Joblessness among teens 6-19 traditionally is far greater than the national average, but their current unemployment rate is “really high,” said Diana Carew, an economist for the Progressive Policy Institute, a Washington, D.C.-based think tank.
Employment rates for teens “started to drop precipitously” in 2000, Carew said. “Then the recession exacerbated the trend,” she said.
Read the entire article here.
