YouthUnemployment

The Young and The Jobless: Unemployment Woes Continue Among Youths

With the new year upon us, a fresh batch of college students who have just finished their studies will enter the work force. They arrive at a time when they have significantly lower chances of finding employment than their older counterparts had, and when the outlook for the coming months is extremely bleak. In November (the most recent data available from the Labor Department), the total unemployment rate for all 20- to 24-year-olds rose to 16 percent, almost double that of everyone older than them. The jobless rate for those 25 and up inched up to 8.5 percent. The national unemployment rate ...

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