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 is not about 5% reported by the media and the government. The youngest job- seekers are suffering the most from the current doldrums, at over 20%. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)
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