1995 Summer Employment and Unemployment Among Youth — 1995-09-15
The number of employed youth increased by 2.6 million between April and July--the summertime peak, the Bureau of Labor Statistics of the…
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The number of employed youth increased by 2.6 million between April and July--the summertime peak, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This seasonal expansion in employment of 16- to 24-year-olds was slightly smaller than that of a year earlier. The number of unemployed young people also rose between the spring and summer--by 645,000. The unemployment rate for young people in July was the same as a year earlier--12.7 percent. (Because the focus of this analysis is the seasonal change in youth employment and unemployment, the data used for this release are not adjusted for seasonality.) Between April and July each year, the number of 16- to 24-year-olds in the labor force--those working or actively looking for work--expands sharply, as large numbers of high school and college students search for summer jobs and recent graduates look for permanent employment.
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