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Young Invincibles’ Issue Brief On Young Adults, Unemployment, and the Recession

Young people typically have a tough time during recessions, and the current one is no exception. With little time to climb the workplace ladder, they are often the “first-fired-and-last-hired” – causing more of them to lose jobs for longer.  Yet the national unemployment rate often masks this wide disparity in joblessness.  For example, the Department of Labor recently reported that 9.6 percent of the population was unemployed in August of 2010, but that number rises to 12.3 percent for people aged 18-34.[1] 2.8 million jobs have disappeared within this age group alone.[2]

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