(USA Today) More younger workers finding jobs

Posted by Kendall Harmon

The job outlook is brightening for younger workers, who were hit hard in the recession and play a vital role in the economy.

Jobs for 25-to-34-year-olds increased by 116,000 to 30.5 million in February. Their unemployment rate fell from 9% in January to 8.7%, the lowest since January 2009, according to the Labor Department.

Just as important, the portion of Americans in that age bracket who were employed — known as the employment-to-population ratio — rose to 74.7% from 74.5% and is up from a 29-year low of 73.2% in July. In a normal economy, about 80% of 25-to-34-year-olds have jobs.

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Filed under: * Culture-WatchYoung Adults* Economics, PoliticsEconomyCorporations/Corporate LifeLabor/Labor Unions/Labor MarketThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--

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Posted March 12, 2012 at 5:46 am [Printer Friendly] [Print w/ comments]
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