Youth Unemployment at 15.9% in December • Northwest Indiana Business Magazine

Youth Unemployment at 15.9% in December

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Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for December 2013. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 15.9 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 9.5 percent (NSA).

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