Examining the US Unemployment Rate among Younger Adults and Recommendations to Improve Employment Sustainability

Abstract

This chapter aims to examine various facets of the unemployment rate concerning individuals aged 16 to 24 in the United States. The issue of unemployment in the United States remains a significant and enduring topic of discussion. As of July 2012, the United States Bureau of Labor Statistics reported an unemployment rate of 8.3%, drawing widespread attention. Notably, among young adults aged 20 to 24 with high school diplomas, 15% have also pursued some college education, shedding light on an interesting aspect of this population. Younger workers in the 16 to 24 age categories have consistently grappled with notably higher unemployment rates than their older counterparts, revealing a concerning trend. Unfortunately, a staggering 93% of these younger workers lack a high school diploma, and many bear the responsibility of supporting their families. This pressing issue demands immediate attention and action.