2012 Annual Unemployment and Underemployment Rates for Young Adults

2012 Annual Unemployment and Underemployment Rates for Young Adults

When compared to unemployment, the underemployment rate appears staggeringly high. In fact it is down slightly from 2011 when 18 to 24-year-olds came in at 28.6 percent and 25 to 34-year-olds were 16.6 percent underemployed.  That shows slow but marked improvement in the context of employment for young people.  But it also reveals that during 2012 more than 14 million people ages 18 to 24 could not find opportunities commensurate with their desire to work or their ability to contribute to the economy. That’s 14 million examples of unfulfilled potential. 

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