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Hilda Solis Cheers 17% Youth Jobless Rate

From CNS News:

Labor Secretary Cheers Youth Unemployment Rate of 17.1 Percent

By Matt Cover | Thurs August 23, 2012

(CNSNews.com) – Labor Secretary Hilda Solis cheered a slight decline in the youth (16-24) unemployment rate, saying that it was a sign that the job market was improving for America’s young people.

Maybe she’s angling for a job with the AP or Reuters, where she could write their weekly new jobless claims articles.

“As young Americans all across the country prepare to head into a new school year, I’m excited to say that many more will take with them lessons learned through summer jobs,” Solis said Wednesday in a press release.

“It’s no secret that the effects of the 2007 recession had a significant impact on job prospects for youth, but today’s report showed positive signs that job prospects for young people picked up pace in 2012,” she said.

Solis’ statement marked the release of the Bureau of Labor Statistics’ annual youth unemployment report. Solis said that the report showed positive signs for young job seekers, noting that the youth unemployment rate had fallen to 17.1 percent over the past two years…

“The youth unemployment rate showed a significant decline, falling to 17.1 percent — down a percentage point from last year and two points from 2010…

Woohoo!

However, the youth unemployment report Solis cited only covers April to July, when youth employment swells as summer job seekers fill hospitality and food service jobs.

The same report found that the number of unemployed youth during this time period was 4 million, a number BLS said was “little changed” from last year’s figure of 4.1 million.

Which is a staggering number in itself. Four million unemployed youths during the summer, when most kids used to get summer jobs.

The report also underscored the fact that the youth unemployment rate actually increased from April to July, rising from 15.4 percent to 17.1 percent…

In other words, while youth unemployment may be down from the height of the recession, it is actually going up from previous months at the time when summer jobs usually drive it down.

Even more striking is the growth of young Americans that have dropped out of the labor force. In July 2009, 13.9 million young Americans were not in the labor force. By July 2012, that number had risen to 15.3 million.

So 1.4 million youths have just dropped out of the labor force in the last three years? Maybe they have all gone on Social Security disability.

But oddly, enough that number is not far from the 1.7 million illegal alien youths who now have the right to work in the US, thanks to Obama’s backdoor amnesty.

So just imagine the youth unemployment numbers next year.

This article was posted by Steve Gilbert on Friday, August 24th, 2012. Comments are currently closed.

2 Responses to “Hilda Solis Cheers 17% Youth Jobless Rate”

  1. canary

    I can’t see any media carrying these false statistics.

    No before school crowds and most noticeably is no school supplies mania anywhere this year.

    Only thing gone down in prices is ladders. And that’s easy to understand as people no longer can hire
    anyone to do simple jobs.

    Not one teenager this year wanting to mow lawns. Not one teenager leaving a flyer and wasting your time
    in getting them to mow.

  2. Astravogel

    News Item: Man Says He Feels Much Better.
    Melvin Arnold Baxter says he now feels much
    better after ceasing to beat his head against
    a brick wall. “At first, I couldn’t believe how
    intense the pain could be, but now I’m much
    better.”




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