Millennial Job Report: 15.1% of Young People Out of Work in July

Posted by on Aug 3, 2014 in Reports

Millennial Job Report: 15.1% of Young People Out of Work in July

GritoBlast! — Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for July 2014. 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 15.1 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 10.5 percent (NSA)....

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