Record Teen Unemployment: Only WSJ Seriously Looks At Minimum-Wage Hikes As Cause | NewsBusters.org

Record Teen Unemployment: Only WSJ Seriously Looks At Minimum-Wage Hikes As Cause | NewsBusters.org:

Based on the data, the current job situation for teenagers in America is the worst on record.

According to Uncle Sam's Bureau of Labor Statistics:

* Seasonally adjusted teenage unemployment hit 25.9%. That is the highest rate in the nearly 62 years BLS has been reporting this number. The previous record was last month's 25.5%. The record before that was 24.1% in November and December of 1982. A graphic of the complete history of the teenage unemployment rate that will open in a new window is here.
* Unemployment among black teens not enrolled in school is over 50%.
* The rate among 20-24 year-olds is also alarmingly high at 15.1%."