D.C. Teen Unemployment at 50%

d.c. teen unemployment at 50%

The Employment Policies Institute, or EPI, using and analyzing data from the United States of America Census Bureau calculated a figure that shows a dismal reporting number for the nation’s capitol, Washington District of Columbia’s teenager unemployment levels. Teenagers as put in the range between sixteen and nineteen in the District of Columbia has a large teenager unemployment level of 50.1 percent as according to the Employment Policies Institute. The EPI’s report also matches up with the  Bureau of Labor Statistics, or BLS, figure of 49.8 percent.

 

d.c. teen unemployment at 50%

d.c. teen unemployment at 50%

 

This number is worrisome high, as just back in 2007 the teen unemployment level in the District of Columbia was near half of what it is today, being 26.2 percent then.  Since then the teen unemployment number has increased each and every year. It was 29.5 percent in June 2008. It went up again to 44.7 percent in 2009. By 2010 it is 49.8 percent.

 

 

 

With essentially half of those teenagers in the District of Columbia being unable to find employment, it presents a large problem for the region. Without employment income and disposable income is lacking its main source, limiting the amount of consumption that teenagers that age tend to do a lot, and even cuts of a source of funding for those that have to pay for college or higher education on their own.

 

The second highest area in the United States of America in terms of unemployment is the state of California. Though high at 34 percent unemployment, it is nowhere near the one in two teenagers unemployed in the nation’s capitol.

 

In the same study by the Employment Policies Institute they also calculated the aggregate unemployment level for teenagers across the entire United States of America. It was reported that near one in four, or 25 percent of teenagers nationwide are unemployed.

 

Unemployment is economically defined as one seeking work but is unable to find any. The actual number of those unemployed is actually drastically higher, as those that simply give up after being unable to find work for a long period of time are no longer counted in the statistic. Workers can also find part time work, but be seeking full time work, so they are under employed, but still count as being employed in calculating the statistic.

 

 

 

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