US teen unemployment becoming a serious issue

Albuquerque Express Saturday 9th July, 2011

America has yet to break free from the economic downturn that shattered the country's economy toward the end of 2007.

The teenage unemployment rate in the United States has blown out to nearly twenty five percent.

There was a 0.3 percent hike in June, sending the rate to an all-time high, giving rise to how teenagers will enter the adult workforce.

The latest rate was issued by the Employment Policies Institute, a think-tank in Washington, D.C, which announced the figure did not factor in teens who are not seeking work.

However, when those numbers are included in the statistics, the unemployment rate jumps to a staggering 75 percent.

The institute has worked out that seasonal job prospects now fail to provide jobs for three out of every four teens, with African American teens bear the brunt of the high teen unemployment rate.

The African American teen unemployment rate was at 40.7 percent in May.

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Comments

Unemployment in construction is 21.2%, I wish these guys would tell the truth. We all need to education ourself in this tough market only way is a degree or change your career.. search online for "High Speed University" for career advice

lesliebogan - 07-10-11, 04:58 AM

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