The latest jobs numbers look pretty awful for most Americans – but they don’t look so bad for certain classes of Americans. Americans aged 25 and up with a college degree or more have a 3.8 percent unemployment rate. But the group of Americans doing the best is civilian government workers of all levels of… Read more »
Posts Tagged: Unemployment
Unemployment drops a bit, but…
**Written by Doug Powers In regards to the latest jobs report, the White House will put much of their focus on the slight drop in the unemployment rate. The reason for that however isn’t because America is going back to work. Tyler Durden at Zero Hedge: Moments ago the March Non-farm payroll hit and it… Read more »
Losing Hope: Effective Millennial Unemployment Rate At 16.2%
A dismal March jobs report that saw 663,000 Americans completely give up and leave the work force, lowering the labor force participation rate to its lowest since 1979, especially impacted young workers 18-29 years of age, a group that now has a 16.2% effective youth unemployment rate. 1.7 million young workers 18-29 years of age, a group that… Read more »
Disaster… Actual Youth Unemployment at 16.2% in March
Destroying the economy brick by brick– What a disaster– Youth unemployment rate in March was 11.7%. If labor force participation rate were factored into the 18-29 youth unemployment calculation, the actual unemployment rate would rise to 16.2 percent. Generation Opportunity reported: Generation Opportunity, a national, non-partisan organization advocating for Millennials ages 18-29, is announcing its Millennial Jobs… Read more »