October 5, 2012

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA (CONT’D): Under-30 unemployment rate at 11.8 percent. “The unemployment rate for blacks under age 30 in September was 21.0 percent; the rate for Latinos in the same age group was 12.1 percent. If the labor force participation rate were factored into the 18-29 youth unemployment calculation, the overall percentage of Americans aged 18 to 29 either jobless or not in the workforce at all would rise to 16.6 percent.”

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