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2.1 Million Young Adults Hired Since April
August 21, 2012 by Steven Rothberg
From April to July 2012, the number of employed youth 16 to 24 years old rose 2.1 million to 19.5 million, the U.S. Bureau of Labor Statistics reported today. This year, the share of young people employed in July was 50.2 percent. (The month of July typically is the summertime peak in youth employment.) Unemployment among youth increased by 836,000 from April to July 2012, compared with an increase of 745,000 for the same period in 2011. (Because this analysis focuses on the seasonal changes in youth employment and unemployment that occur each spring and summer, the data are not seasonally adjusted.)Labor force
The youth labor force–16- to 24-year-olds working or actively looking for work–grows sharply between April and July each year. During these months, large numbers of high school and college students search for or take summer jobs, and many graduates enter the labor market to look for or begin permanent employment. This summer, the youth labor force grew by 2.9 million, or 14.2 percent, to a total of 23.5 million in July.
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33.6% of Recent High School Grads Not in College Are Unemployed
April 19, 2012 by Steven Rothberg
In October 2011, 68.3 percent of 2011 high school graduates were enrolled in
colleges or universities, the U.S. Bureau of Labor Statistics reported today.
Recent high school graduates not enrolled in college in October 2011 were more
likely than enrolled graduates to be working or looking for work (68.7 percent
compared with 38.8 percent).Information on school enrollment and work activity is collected monthly in the
Current Population Survey (CPS), a nationwide survey of about 60,000 households
that provides information on employment and unemployment. Each October, a
supplement to the CPS gathers more detailed information about school enrollment,
such as full- and part-time enrollment status.
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