It's an age-cession, too. Overall teenage (16-19) employment is something like 24% now. For white teenagers it's now 21% (compare with an unemployment rate in t

It's an age-cession, too. Overall teenage (16-19) employment is something like 24% now. For white teenagers it's now 21% (compare with an unemployment rate in the low to mid teens over the past 10 years) and 39% (!) for black teenagers (compare with unemployment rates in the high 20% and low 30% range over the past 10 years). One of the aggravating reasons those figures are so high is that US employers were forced last month to raise wages for their least skilled/valuable employees.