Monday, September 7, 2009

Economix: Oh What a Time to Be Young!


VOANews: Young Workers: Decline in Living Standard

Economix: Oh What a Time to Be Young! By Catherine Rampell, NYTimes

Pity the unemployed, but especially pity the teenage unemployed. According to today’s job report, the overall unemployment rate (the percentage of people in the labor force not working but looking for work) in August rose to 9.7 percent, its highest level in 26 years. Graph

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