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For Many Millennials, It’s Still A Jobless Recovery

Unemployment for 18-to-29 year olds registered 10.5 percent in July.

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According to Patrice Lee, Director of Outreach at Generation Opportunity

Nationwide, unemployment held just above 6 percent in July, according to the latest figures from the Labor Department. But for 18-to-29 year olds, the jobless rate registered 10.5 percent. That’s the finding of the latest Millennial Jobs Report, published by the youth advocacy organization Generation Opportunity.

“There hasn’t been enough job creation to make up for our entry into the workforce,” says Corie Whalen Stephens, a Houston-based representative for the group.  “And so, those of us who have little experience compared to some others who are a bit older than us, the limited opportunities tend to not be going to those seeking entry level jobs.”

Factoring in people who’ve given up looking for work, the effective jobless rate for those under 30 is more than 15 percent. “When you actually look at graphs and you see how much labor force participation has declined, it hasn’t been this low since the 1970s,” Stephens says. “This is particularly a problem for millennials, because we’re not at an age where we can just drop out of the workforce and retire if we can’t find work.”

Stephens says that the jobs situation for millennials in Houston is better than in many other parts of the country, thanks largely to energy sector.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media’s business reporter, covering the oil...

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