September 03, 2008
The labor force participation rate for 16- to 24-year-olds—the proportion of that population working or looking for work—was 65.1 percent in July 2008, essentially the same as in July 2007 and about 12 percentage points below its peak for that month in 1989 (77.5 percent).
Over the 1989-2008 period, the proportion of youth enrolled in school in July trended up; youth enrolled in school are much less likely than those not in school to be in the labor force.
For several decades prior to 1989, young men's July labor force participation rate showed no clear trend, ranging from 81 to 86 percent. Since July 1989, however, their participation rate has trended down by about 15 percentage points.
Young women's July labor force participation rate peaked in 1989 after a long-term upward trend; their rate has trended down by about 10 percentage points since then.
These data are a product of the Current Population Survey. The data are not seasonally adjusted. Find out more in "Employment and Unemployment Among Youth—Summer 2008," (PDF) (HTML) news release USDL 08-1212.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Summer 2008 labor force participation of youth on the Internet at http://www.bls.gov/opub/ted/2008/sept/wk1/art02.htm (visited April 25, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.