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United States Department of Labour: "The youth (16-24) unemployment rate was 18.5 percent in July 2009.". It was 14.0 in July 2008. From the same source: "The
by Ras_ 17y ago
United States Department of Labour: "The youth (16-24) unemployment rate was 18.5 percent in July 2009.". It was 14.0 in July 2008.
From the same source: "The employment-population ratio for young men was 52.2 percent in July 2009."
http://www.bls.gov/news.release/youth.nr0.htm http://www.bls.gov/news.release/youth.nr0.htm
http://www.bls.gov/news.release/youth.t02.htm http://www.bls.gov/news.release/youth.t02.htm
Seems like that NY Post messed up. Employment-population ratio is not the same as unemployment rate. It includes people who are in school, jail etc. - in other words, outside of work force. Those reach 13,9 million vs. 19,3 million, who are employed.