Teen Unemployment Rises to 21%
(CNSNews.com) – Teen unemployment rose for the third consecutive month, hitting 21% in June, the rate it was back in February, according to the latest data from the Bureau of Labor Statistics (BLS).
In the numbers released today, covering the month of June, the BLS reported that the seasonally adjusted unemployment rate for Americans ages 16 to 19 was 21.0%. That’s up from May’s unemployment rate of 19.2%, and up from April at 19.1%.
In March, the teen unemployment rate was 20.9%, and in February 21.4%.
During the last five-and-a-half years of the Obama administration, teen unemployment has been in the 20s range, reaching a high of 27.3% in October 2010. It was in the 19-range only in April and May of this year.
When President Bush left office, the teen unemployment rate was 20.7%. One of its lowest levels back then was in May 2006 at 14.0%