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Fewer young adults hold jobs than ever before

Submitted by Roanman on Thu, 02/09/2012 - 06:51

 

From CNN Money here's a short but revealing piece.

 

Fewer young adults hold jobs than ever before.

 February 9, 2012: 5:30 AM ET

 

 

The share of young adults with jobs has hit its lowest level since the government started keeping records just after World War II.

By the end of 2011, only 54.3% of those between the ages of 18 and 24 were employed, according to a Pew Research Center report released Thursday. And the gap in employment between the young and all working-age adults is roughly 15 percentage points -- the widest on record.

 

Sort of makes that 8.3% unemployment figure seem ..... what is the word I'm seeking here ..... fabricated?