Thursday, February 9, 2012

Huge Number Of Young Adults Unemployed

The share of young West Texas adults with jobs has hit its lowest level since the government started keeping records just after World War II. And that matches a national trend. Only 54 percent of those between the ages of 18 and 24 are employed, according to a Pew Research Center report released today. And the gap in employment between the young and all working-age adults is roughly 15 percentage points -- the widest on record. Only part of this can be explained by the growth in college attendance. While a greater share of 18- to 24-year-olds are in school than ever before, the report says the 18-to-24 employment rate has fallen regardless of enrollment.

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