Employment Population Ratios By Age

Employment Population Ratios By Age

There can be only minor consolation for young adults from the positive trend in the employment-population ratio.  This measure shows the proportion of the total population that actually worked, and so takes into account those who are looking for employment and those who are not – unlike the unemployment rate.  Despite fluctuations in the data from month-to-month, young people have seen lagging overall gains since sputtering-out in 2010. 

Although the employment-population ratio for 20- to 24-year-olds declined in April to 61.3, it remains higher than it was one year ago and one year before that.  Twenty-five to 34-year-olds have seen gradual increases every month in 2012, climbing to an employment-population ratio above 75 percent for the first time since 2009.  While these ratios do indicate a slow recovery, they remain well below those of a healthy economy.

Continue reading Catherine Ruetschlin's analysis of the young adult employment situation for April 2012 at PolicyShop >>>