Wednesday, May 15, 2013

America's Teen-Free Job Recovery

http://finance.townhall.com/columnists/politicalcalculations/2013/05/13/americas-teenfree-job-recovery-n1593498




What would the U.S. unemployment rate be today if teens were part of the economic recovery?
In October 2009, the official U.S. unemployment rate peaked at 10.0% as the total number of employed Americans fell to 138,421,000, some 8,174,000 fewer than the peak of 146,595,000 recorded as having jobs in November 2007, just one month before the so-called "Great Recession" officially began.
Our chart below shows how the number of employed has changed for U.S. teens (Age 16-19), young adults (Age 20-24) and adults (Age 25 and over) since the peak of total employment in November 2007

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