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UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of ten of America's presidencies and who has edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. We get over 5 million article visits a year. See prorev.com for full contents of our site

February 11, 2010

TEENS BATTERED BY RECESSION

New America Media - Across the country, youth unemployment rates have risen at a staggering pace. Nationally, 26 percent of teens aged 16-19 are unemployed.

And youth of color have been hit the hardest. According to the Bureau of Labor Statistics, 43 percent of black teens are unemployed, along with 37 percent of Latinos.

Nearly 50 percent of all teens in the nation’s capitol are unemployed. The unemployment rate for black teens in New York skyrocketed from 31 percent in 2008 to 42 percent in 2009. And while the unemployment rate for black teens in California dropped slightly from 40 percent in 2008 to 37 percent in 2009, the rate for Latino teens jumped to 37 percent. . .

A recent study by researchers at Yale found that workers who began their careers during economic downturns maintained comparatively lower incomes throughout their careers, even during times of economic prosperity.


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