Monday, September 7, 2009

Teenage Unemployment Rate at Record High: NYT Blog Post Commenters Explain Why

(image found at townnews.com)

Yesterday’s Employment Situation Report from Uncle Sam’s Bureau of Labor Statistics had lots of of dismal news.

One of the bigger disappointments, but sadly not one of the bigger surprises, is that the teenage unemployment rate reached an all-time seasonally adjusted high of 25.5%.

People who know even a little bit about economics should understand why, but an oddly titled New York Times blog post bySource: BizzyBlog RSS Feed

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