jonathan-cunningham
occupyallstreets:

Unemployment Rate For Teenagers Is Rising And Setting Records
In March, one quarter of young Americans age 16 to 19 was out of work. That’s the highest rate in more than a year and, except for a run of more than a dozen months immediately after the Great Recession, the highest on record going back to 1948. Government and private groups are working on solutions. But with summer less than two months away, the numbers cast a dark shadow over the summer job prospects of US teenagers.
“Young people got beat up really bad in the last decade,” said Andrew Sum, director of the Center for Labor Market Studies at Northeastern University in Boston. “People say, ‘Well, things are recovering,’ but young people have not gotten one new job in the last two years. Fewer kids are working today then were two years ago.”
The persistence of the problem extends nationwide, although there is a large disparity among states and cities, with low-income urban areas and minorities the hardest hit. In March, the unemployment rate for Hispanics in the 16 to 19 age range was 30.5 percent, and for blacks it was 40.5 percent!
The Great Recession can explain some of the decline in job opportunities for young people. During the mid-2000s, the overall teenage unemployment rate ranged between 14 and 18 percent. Then, the downturn hit and teen unemployment began to rise, peaking at 27 percent in October 2009 (overall unemployment peaked three months later at 10.6 percent). Since then, the recovery has created more than 1 million new jobs for adults and brought the unemployment rate down to 8.2 percent. But there’s been no recovery for teens. For the past 41 months, the national average unemployment rate for teens has remained above 20 percent – a postwar record.

With the economy fucking teenagers over this hard, I’m surprised we don’t have an even higher rate of teen-pregnancy.

occupyallstreets:

In March, one quarter of young Americans age 16 to 19 was out of work. That’s the highest rate in more than a year and, except for a run of more than a dozen months immediately after the Great Recession, the highest on record going back to 1948. Government and private groups are working on solutions. But with summer less than two months away, the numbers cast a dark shadow over the summer job prospects of US teenagers.

Young people got beat up really bad in the last decade,” said Andrew Sum, director of the Center for Labor Market Studies at Northeastern University in Boston. “People say, ‘Well, things are recovering,’ but young people have not gotten one new job in the last two years. Fewer kids are working today then were two years ago.

The persistence of the problem extends nationwide, although there is a large disparity among states and cities, with low-income urban areas and minorities the hardest hit. In March, the unemployment rate for Hispanics in the 16 to 19 age range was 30.5 percent, and for blacks it was 40.5 percent!

The Great Recession can explain some of the decline in job opportunities for young people. During the mid-2000s, the overall teenage unemployment rate ranged between 14 and 18 percent. Then, the downturn hit and teen unemployment began to rise, peaking at 27 percent in October 2009 (overall unemployment peaked three months later at 10.6 percent). Since then, the recovery has created more than 1 million new jobs for adults and brought the unemployment rate down to 8.2 percent. But there’s been no recovery for teens. For the past 41 months, the national average unemployment rate for teens has remained above 20 percent – a postwar record.

With the economy fucking teenagers over this hard, I’m surprised we don’t have an even higher rate of teen-pregnancy.

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  18. mellymouse reblogged this from impolex and added:
    thank you. teenage unemployment is something everyone always forgets…
  19. freeopensociety reblogged this from thepeoplesrecord and added:
    I approve of these conditions because when the youth are no longer preoccupied with work, they will be free to renovate...
  20. bendoverbarbie reblogged this from queerandpresentdanger
  21. eljotitodeperris reblogged this from queerandpresentdanger and added:
    oh maybe that’s why i can’t find a job.
  22. queerandpresentdanger reblogged this from jonathan-cunningham
  23. impolex reblogged this from thepeoplesrecord
  24. ishipitlikeups reblogged this from commiefemme and added:
    *cough* Minimum wage’s fault. *cough*
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  26. awesome-everyday reblogged this from thepeoplesrecord and added:
    Earlier this week, when leaving Louisville’s Metro Hall, there were about 50 African-American youth outside protesting...
  27. commiefemme reblogged this from thepeoplesrecord and added:
    Ugh
  28. thepeoplesrecord reblogged this from jonathan-cunningham and added:
    With the economy fucking teenagers over this hard, I’m surprised we don’t have an even higher rate of teen-pregnancy.
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