While unemployment nationwide ticked down to 7.3% last month, it rose for Millennials to 11.8%.
Rory's Recent Stories
The unemployment rate for 18 to 29 year-olds declined in July to 11.4% from 12% in June, but don't be fooled. Tough times discouraged many from looking for work at all.
In May, the economy added 175,000 jobs while millennials saw their unemployment rate rise form 11.1% to 11.6%.
Millennial unemployment declined from 11.7% in March to 11.1% in April, but remains unacceptably high.
Millennials saw their unemployment rate fall last month, but this actually reflected a drop in job prospects as many younger workers simply left the labor force.
Millennial unemployment fell from 13.1% in January to 12.5% in February, but Congress is actively creating more economic barriers for our generation.
It is up to our generation to say enough is enough. The status quo is not working. And Obama's State of the Union address proved that.
Millennial unemployment shot over 13% in January. The U.S. economy 10 years down the line could be negatively impacted by the youth jobless rate we see today.
The economy is missing 2.7 million youth jobs that would exist had the recession never occurred. That is enough young people to fill the entire city of Chicago.
The ACA uses a market-based solution to promote competition among insurance companies that will drive down prices for consumers and promote choice. It is the right policy.