This chapter aims to examine various facets of the unemployment
rate concerning individuals aged 16 to 24 in the United States. The issue of
unemployment in the United States remains a significant and enduring topic of
discussion. As of July 2012, the United States Bureau of Labor Statistics
reported an unemployment rate of 8.3%, drawing widespread attention. Notably,
among young adults aged 20 to 24 with high school diplomas, 15% have also
pursued some college education, shedding light on an interesting aspect of this
population. Younger workers in the 16 to 24 age categories have consistently
grappled with notably higher unemployment rates than their older counterparts,
revealing a concerning trend. Unfortunately, a staggering 93% of these younger
workers lack a high school diploma, and many bear the responsibility of
supporting their families. This pressing issue demands immediate attention and
action.
Author(s) Details:
Orlando Rivero,
Florida Memorial University, USA.
Please see the link here: https://stm.bookpi.org/AOBMER-V9/article/view/13409
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