Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
From April to July 2016, the number of employed youth rises 1.9 million to 20.5 million
From April to July 2016, the number of employed youth rises 1.9 million to 20.5 millionEconomic News Release USDL-16-1687
Employment and Unemployment Among Youth Summary
For release 10:00 a.m. (EDT) Wednesday, August 17, 2016
Technical information: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Media contact: (202) 691-5902 * PressOffice@bls.gov
EMPLOYMENT AND UNEMPLOYMENT AMONG YOUTH -- SUMMER 2016
From April to July 2016, the number of employed youth 16 to 24 years old increased by 1.9 million to 20.5 million, the U.S. Bureau of Labor Statistics reported today. This year, 53.2 percent of young people were employed in July, little changed from a year earlier. (The month of July typically is the summertime peak in youth employment.) Unemployment among youth rose by 611,000 from April to July 2016, compared with an increase of 654,000 for the same period in 2015. (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 2.6 million, or 12.4 percent, to a total of 23.1 million in July. (See table 1.)
The labor force participation rate for all youth was 60.1 percent in July, little changed from a year earlier. (The labor force participation rate is the proportion of the civilian noninstitutional population that is working or looking and available for work.) (See table 2.) The summer labor force participation rate of youth has held fairly steady since July 2010, after trending downward for the prior two decades. The summer youth labor force participation rate peaked at 77.5 percent in July 1989.
The July 2016 labor force participation rate for 16- to 24-year-old men was 62.4 percent, higher than the rate for young women at 57.7 percent. The rates for men and women were little changed from last July. Whites had the highest youth labor force participation rate in July 2016 at 62.7 percent. The rate was 53.8 percent for Blacks, 43.1 percent for Asians, and 56.2 percent for Hispanics. The rate for Blacks declined by 2.6 percentage points from last July, while the rates for Whites, Asians, and Hispanics showed little or no change.
....
Unemployment
The youth unemployment rate (11.5 percent) and the number of unemployed youth (2.6 million) in July 2016 were little changed from a year earlier. Of those 2.6 million unemployed 16- to 24-year-olds, 1.9 million were looking for full-time work in July 2016, down 222,000 from July 2015. (See tables 1 and 2.)
The July 2016 unemployment rates for young men (12.0 percent), women (10.8 percent), Whites (9.9 percent), Blacks (20.6 percent), Asians (10.0 percent), and Hispanics (11.3 percent) also showed little or no change from last July. (See table 2.)
Employment and Unemployment Among Youth Summary
For release 10:00 a.m. (EDT) Wednesday, August 17, 2016
Technical information: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Media contact: (202) 691-5902 * PressOffice@bls.gov
EMPLOYMENT AND UNEMPLOYMENT AMONG YOUTH -- SUMMER 2016
From April to July 2016, the number of employed youth 16 to 24 years old increased by 1.9 million to 20.5 million, the U.S. Bureau of Labor Statistics reported today. This year, 53.2 percent of young people were employed in July, little changed from a year earlier. (The month of July typically is the summertime peak in youth employment.) Unemployment among youth rose by 611,000 from April to July 2016, compared with an increase of 654,000 for the same period in 2015. (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 2.6 million, or 12.4 percent, to a total of 23.1 million in July. (See table 1.)
The labor force participation rate for all youth was 60.1 percent in July, little changed from a year earlier. (The labor force participation rate is the proportion of the civilian noninstitutional population that is working or looking and available for work.) (See table 2.) The summer labor force participation rate of youth has held fairly steady since July 2010, after trending downward for the prior two decades. The summer youth labor force participation rate peaked at 77.5 percent in July 1989.
The July 2016 labor force participation rate for 16- to 24-year-old men was 62.4 percent, higher than the rate for young women at 57.7 percent. The rates for men and women were little changed from last July. Whites had the highest youth labor force participation rate in July 2016 at 62.7 percent. The rate was 53.8 percent for Blacks, 43.1 percent for Asians, and 56.2 percent for Hispanics. The rate for Blacks declined by 2.6 percentage points from last July, while the rates for Whites, Asians, and Hispanics showed little or no change.
....
Unemployment
The youth unemployment rate (11.5 percent) and the number of unemployed youth (2.6 million) in July 2016 were little changed from a year earlier. Of those 2.6 million unemployed 16- to 24-year-olds, 1.9 million were looking for full-time work in July 2016, down 222,000 from July 2015. (See tables 1 and 2.)
The July 2016 unemployment rates for young men (12.0 percent), women (10.8 percent), Whites (9.9 percent), Blacks (20.6 percent), Asians (10.0 percent), and Hispanics (11.3 percent) also showed little or no change from last July. (See table 2.)
[center]Facilities for Sensory Impaired[/center]
Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.