The unemployment rate for young workers ages 16-24 has
continued to climb, hitting a record high in April 2010, even as the economy
has strengthened and added more than 570,000 jobs in the first four months of 2010,
according to a new report by the U.S.
Congress Joint Economic Committee (JEC).
The report,
entitled “Understanding the Economy: Unemployment Among Young Workers,” shows that
one in five young workers was unemployed last month, a significant increase
from prior to the recession when one in eight young workers was jobless. The 19.6 percent unemployment rate for young
workers ages 16-24 in April 2010 is the highest unemployment rate for this age
group since the Bureau of Labor Statistics began tracking unemployment data in
1947.
Understanding the Economy: State-by-State Snapshots
Understanding the Economy: State-by-State Snapshots, are monthly reports issued by the Joint Economic Committee. Each report provides easy access to the major economic indicators in all 50 states and the District of Columbia in the areas of jobs, unemployment, personal earnings and housing.