In preparation for summer 2013, the Employment Policies Institute EPI released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that would price more teens out of the entry-level experience they need.
EPI has also released updated state-by-state teen unemployment figures, which provide some geographic perspective on the teen unemployment crisis.
Chosen excerpts by Job Market Monitor. Read the whole story at Employment Policies Institute | Another Bummer Summer: Teen Unemployment Still at 24.1 Percent Going Into Summer 2013.