Chart of the Day: Youth Employment Ratio Lowest on Record
By Global Macro Monitor
The BLS reports,
In July, the employment-population ratio for youth—the proportion of the 16- to 24-year-old civilian noninstitutional population that was employed—was 48.8 percent, a record low for the series.
Long flash mobs and water cannons.
Do they break this out for men vs. women? It would seem to me that the problem is even worse for young men since fifty years ago girls were not expected to work (outside the home)as a general rule. Since the percentage for young women would have been much lower in 1950-60, I assume the percentage for young men would have been much higher.