Teen Unemployment Hits 24.5%

Jul. 8 2011 - 12:20 pm
By SUSAN ADAMS

With the nation’s unemployment rate climbing to an unexpectedly high 9.2% in June, the jobs fate of 16- to 19-year-olds may not seem like the most pressing problem, but Michael Saltsman, a research fellow at the Employment Policies Institute (EPI), a free market-leaning think tank in Washington, D.C., says research has shown that high unemployment among teens bodes ill for their future as adult workers. “There are consequences,â€