Author: Joe Guzzardi

Within the next few weeks, about four million high school seniors will graduate, and many will immediately hit the pavement searching for summer jobs. Overall, the labor market is deeply depressed, but for teens the outlook is particularly grim. Unemployment in the teen sub-group, defined as ages 16-24, has been averaging about 25 percent since the December 2007 recession, and is the highest since 1948. Hispanics and African Americans have suffered even higher unemployment with black teens hovering near 40 percent.

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