FOR IMMEDIATE RELEASE:
April 4, 2014
Contact: Colin Seeberger, firstname.lastname@example.org, 214.223.2913
Young Invincibles’ Statement on March 2014 Jobs Report
Young Unemployed Continue to Be Left Behind Despite Broader Job Gains
[WASHINGTON]—As the national unemployment rate remained at 6.7 percent and the economy added 192,000 jobs in March, the unemployment rate for 18 to 29 year-olds dipped slightly to 10.9 percent from 11.4 percent in February (not seasonably adjusted). For younger workers, ages 16 to 24, the unemployment rate increased marginally to 14.5 percent from 14.4 percent in February (seasonally adjusted).
Jen Mishory, Deputy Director of Young Invincibles, released the following statement on this month’s jobs report:
“Young adults continue to face unemployment rates twice the national average, so cuts like those proposed in the House Budget Committee’s FY2015 budget undermine our generation’s chance at getting a job and climbing the ladder of economic mobility. We need solutions that invest in young people and connect them to the workforce, like increasing apprenticeships and an expansion of AmeriCorps.”
Here is more information on how different populations of young people fared in February 2014:
* The unemployment rate for Black young adults ages 16 to 24 in March is 23.6 percent compared to 23.5 percent in February (not seasonally adjusted).
*The unemployment rate for young men ages 16 to 24 in March is 16.0 percent compared to 16.1 percent in February (not seasonally adjusted).
*The unemployment rate for young Latino young adults ages 16 to 24 in March is 13.8 percent compared to 15.7 percent in February (not seasonally adjusted).
*The unemployment rate for young women ages 16 to 24 in March is 12.9 percent compared to 12.6 percent in February (not seasonally adjusted).
Young Invincibles is a national organization committed to amplifying the voices of young adults, ages 18 to 34, and expanding economic opportunity for our generation. Young Invincibles ensures that young adults are represented in today’s most pressing societal debates through cutting-edge policy research and analysis, and innovative campaigns designed to educate, inform and mobilize our generation to change the status quo.