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New Analysis: 60 Percent of Black High School Dropouts Are Unemployed, Up From Nearly 40 Percent in 2007: EPI Points To Recession, Wage Mandates Driving Unemployment
May 2010 · ·
WASHINGTON – Today, the Employment Policies Institute (EPI) released a new analysis of current Bureau of Labor Statistics data showing that job prospects are poor for young high school dropouts this summer season. Economists blame a recession of historic proportions and the unintended consequences of increases in state and federal minimum wages. In April 2010, the unemployment rate for 16 to 24 year olds who weren’t enrolled… -
New Analysis: 60 Percent of Black High School Dropouts Are Unemployed, Up From Nearly 40 Percent in 2007: EPI Points To Recession, Wage Mandates Driving Unemployment
May 2010 · ·
WASHINGTON – Today, the Employment Policies Institute (EPI) released a new analysis of current Bureau of Labor Statistics data showing that job prospects are poor for young high school dropouts this summer season. Economists blame a recession of historic proportions and the unintended consequences of increases in state and federal minimum wages. In April 2010, the unemployment rate for 16 to 24 year olds who weren’t enrolled… -
Senate Considering $600 Million in New Spending to Create Teen Jobs, Ignores Economic Fact: Economists Say Higher Minimum Wage Increases Teen Unemployment
May 2010 · ·
WASHINGTON – Today, the Senate Committee on Appropriations is considering legislation – the Disaster Relief and Summer Jobs Act of 2010 (H.R. 4899) – that would spend $600 million to create summer employment opportunities for teens. Michael Saltsman, research fellow at the Employment Policies Institute, responded: To create jobs for our country’s 1.5 million out-of-work teens, Congress should reconsider current laws that discriminate against less-skilled applicants. When… -
New Analysis Finds Long-Term Teen Unemployment Remains A Problem: EPI Points To Recession, Wage Mandates As Primary Cause
May 2010 · ·
WASHINGTON, D.C. – An Employment Policies Institute (EPI) analysis of new Bureau of Labor Statistics (BLS) data found a 123 percent increase in the percentage of unemployed teens spending 6 months or more looking for work. As of April 2010, 30.4 percent of all unemployed teens had spent 6 months or more searching for a job. As of April 2007, only 13.5 percent of unemployed teens spent… -
New Analysis Finds Long-Term Teen Unemployment Remains A Problem: EPI Points To Recession, Wage Mandates As Primary Cause
May 2010 · ·
WASHINGTON, D.C. – An Employment Policies Institute (EPI) analysis of new Bureau of Labor Statistics (BLS) data found a 123 percent increase in the percentage of unemployed teens spending 6 months or more looking for work. As of April 2010, 30.4 percent of all unemployed teens had spent 6 months or more searching for a job. As of April 2007, only 13.5 percent of unemployed teens spent… -
California Unemployment Rate Rises To 12.6 Percent: EPI Analysis Finds Recession, Wage Mandates Combine To Triple Long-Term Teen Unemployment
April 2010 · ·
WASHINGTON, D.C. – New data released today by the Bureau of Labor Statistics (BLS) shows that California’s March 2010 unemployment rate was a record-high 12.6 percent, rising from 10.6 percent in March 2009. An Employment Policies Institute (EPI) analysis of recent BLS data found that the job market has grown challenging for teens in particular, with a dramatic 174 percent increase over the last three years in…