[lbo-talk] Youth unemployment and employment-population ratiosl

[Sandwichman]

I've been pouring over BLS data the past few days looking at the
demographics behind the bleak employment situation. First, the
employment-population ratios for youth, 16-24 are (figuratively) off
the chart. For Black youth, the employment situation is even worse, of
course. Perhaps this sounds like what "else is new". Except if you
actually look at the charts, (http://www.bls.gov/data/#employment) the
intensity of "non-employment" is unprecedented.

Just to give a rough idea, the unemployment rate for 16-24 year olds
is 18.2%. That is the worst since the 1982-1983 recession. However, at
that time the employment-population ratio was around 54.4% -- and that
was near the trough. Today the employment-population ratio is 46.6%.

Who is talking about this?

-- 
Sandwichman