Average unemployment
numbers are what we get, covering all age groups. That average can
consist of different classes, each of which is affected differently.
Classifications contain teens up to age 25. Or all adults 25 and
older Or high school graduates, or college graduates; skilled and
unskilled.
The adjusted unemployment
rate now is closer to 15%, not the under 8% reported by the media and
the government. The youngest job-seekers are suffering the most from
the current recession.(See the Earl J Weinreb NewsHole® comments and
@BusinessNewshole tweets.)
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