A publication from Mathematica examines youth unemployment in 2020, finding that recovery has varied substantially by race-ethnicity and geography. In April 2020, the unemployment rate for young people ages 16-24 was more than double that of adults ages 25-54 (26.9 percent and 12.6 percent, respectively). While youth unemployment rates fell after the April 2020 peak, ending the year at 12.5 percent (versus 8.4 percent in December 2019), the pace of this recovery varied. Unemployment among white male youth declined earlier and faster than among youth of color, while rates among Black, Asian, and Latinx youth hovered near 20 percent until October. The authors attribute this in part to the types of job youth workers typically hold, and emphasize the importance of creating job opportunities quickly, so youth do not suffer scarred employment trajectories in the years to come. #covid-19 #workforce #racialequity
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