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youth unemployment
Global Youth Unemployment Reaches Record High
By Paul Wachter - AOL News(Aug. 13) -- Global youth unemployment has reached a record high, the United Nations' International Labor Organization announced Thursday. Of the 620 million people between the ages of 15 to 24, 81 million are unemployed -- or 13 percent -- the highest number since the ILO began tracking the numbers 20 years ago, as noted by the The Washington Independent. It's not just poor countries that are experiencing the employment lag. Reports the Independent: Despite its relative wealth, the situation remains parlous for young workers in the United States as well. The unemployment rate is 26.5 ...
The Young and The Jobless: Unemployment Woes Continue Among Youths
By Aaron Steiner - Politics DailyWith 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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