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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Tag: Unemployment rate

August 2018 US Unemployment Rate

Youth Unemployment

Youth unemployment hits a 50-year low, but there’s a catch, By Aimee Picchi, August 17, 2018, CBS News: “There’s a good news/bad news situation with youth unemployment. More young Americans — defined by the Bureau of Labor Statistics as people between the ages of 16 to 24 — are working this summer, pushing the unemployment rate for the group to a 52-year low. But there’s a catch: the labor force participation rate for young Americans remains below its 1989 peak…”

Employment of Less-Educated Workers

Workers hardest hit by recession are joining in recovery, By Nelson D. Schwartz and Ben Casselman, August 3, 2018, New York Times: “The least educated American workers, who took the hardest hit in the Great Recession, were also among the slowest to harvest the gains of the recovery. Now they are a striking symbol of a strong economy…”