Another Obama Record!… Percentage of Young People Employed Is Lowest Ever

How’s that hope and change treating you now?

There are no jobs… But Obama can sing in the shower anyway.

The percentage of young people employed was the lowest ever for a July since the government started tracking the numbers in 1948.
CNS News reported, via Free Republic:

Although more young people found jobs between April and July, the percentage of young people employed in July 2011 was the lowest July rate on record since the government started tracking the numbers in 1948.

Data released on Wednesday by the Labor Department’s Bureau of Labor Statistics (BLS) shows that only 48.8 percent of young people ages 16-24 were employed in July, a slightly lower percentage than last year. Youth employment typically peaks in July, as high school and college students work summer jobs and graduates take permanent jobs.

In July 2011, 18.6 million 16- to 24-year-olds were employed, about the same number as last year (although a lower percentage).

Twenty-six percent of employed youth worked in the leisure and hospitality sector (which includes food services), and another 21 percent found jobs in the retail trade industry.

Breaking it down into demographic groups, 50.2 percent of young men ages 16-24 were employed in July, as were 47.3 percent of women, 52.3 percent of whites, 34.6 percent of blacks, 40.5 percent of Asians, and 42.9 percent of Hispanics.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!