Tags: youth | employment | July | labor

Youth Employment Rate Hits Record Low for July

Thursday, 25 Aug 2011 04:53 PM

By Andra Varin

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
In what one researcher lamented as “another summer of lost opportunities,” the number of employed young people in the United States was a mere 48.8 percent in July. That was the lowest July rate on record since the government began tracking rates in 1948, the Bureau of Labor Statistics said.

From April to July, the number of employed youths, which includes people ages 16 to 24, did rise by 1.7 million, to 18.6 million, the bureau said Wednesday.

But more young people were looking for work to help pay for school expenses, and recent graduates are looking for permanent jobs.

This summer, the youth labor force grew by 2.4 million, or 11.8 percent, to 22.7 million in July, the bureau said.

“This has been another summer of lost opportunities for our nation’s young people,” Mike Saltsman, research fellow at the think tank Employment Policies Institute, told CNSNews.com.

“The combined impacts of the Great Recession and increases in the minimum wage in states and at the federal level have locked thousands out of the labor market,” he said.

“As a result, the next generation is missing out on the life lessons that come from an entry-level job,” Saltsman said.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Sheriffs in Southwest: The Border Is 'Spiraling Out of Control'

Wednesday, 17 Sep 2014 22:04 PM

Describing the immigration crisis as "spiraling out of control," a coalition of five sheriffs' organizations in the Sout . . .

Alan Colmes, Dennis Kucinich: Would Not Have Bombed ISIS

Wednesday, 17 Sep 2014 21:10 PM

Liberal pundit Alan Colmes and former Democratic Rep. Dennis Kucinich caught the ire of Fox News Channel host Bill O'Rei . . .

Poll: Most Americans Want Strong US Global Leadership

Wednesday, 17 Sep 2014 20:47 PM

Most Americans want the United States to be an active player on the global stage, even after more than a decade of wars  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved