[WASHINGTON]–As the economy added 223,000 jobs in the month of April and the national unemployment rate fell to 5.4 percent, the unemployment rate for 18- to 34-year-olds fell from 7.8 percent in March to 7.5 percent in April. The unemployment rate for young black adults is 12 percent in April (not seasonally adjusted), a more than 16 percent downward shift in one month.

Despite the gains the labor market has seen over the course of the last few years, young Millennials are still struggling to find a foothold in the post-Great Recession economy. A new Young Invincibles report released this week found that in states like California, young Millennials have seen their wages fall 25 percent in the course of decade.