Teens Hit Hardest by Obamanomics

By the Employment Policies Institute, Special for US Daily Review.

New Data: Teen Unemployment Tops 30 Percent in Five States and D.C. in 2011
National Average Above 24 Percent for Third Year in a Row

 Today, the Employment Policies Institute (EPI) responded to new Bureau of Labor Statistics data showing that teen unemployment averaged 24.4 percent in 2011, with 5 states and the District of Columbia facing averages above 30 percent.

“This country’s teens are facing a historically bad labor market,” said Michael Saltsman, research fellow at EPI. “Unfortunately, it’s not just a product of the recession—minimum wage mandates at the state and federal level are keeping teens out of work.”

“Eight bills to increase the minimum wage have been introduced on the state level so far in 2012, and even GOP Presidential hopeful Mitt Romney has expressed support for wage hikes,” Saltsman continued. “These misguided initiatives don’t bode well for our country’s young job seekers.”

Decades of economic research confirm that mandated labor cost increases reduce hours and employment for the least-skilled and least-experienced. A recent study from economists at Miami University and Trinity University found that over 114,000 fewer teens were employed as a result of the 40 percent increase in the federal minimum wage between 2007 and 2009.

Saltsman concluded:  “Our nation’s young people are in desperate need of the experience and earning potential that entry-level jobs provide. Instead of putting up new barriers to employment, policymakers at the state and federal level should make it easier for employers to hire them.”
Top 15 States for Teen Unemployment, 2011

Rank

State

Overall Teen Unemployment Rate, 2011

Male Teen Unemployment Rate, 2011

Female Teen Unemployment Rate, 2011

**

District of Columbia 46.7% 45% 48.2%

1

California 35.2% 39.8% 30.8%

2

Missouri 32.7% 33.8% 31.7%

3

North Carolina 32.0% 35.4% 27.5%

4

Nevada 31.9% 35.8% 27.4%

5

Washington 30.4% 33.1% 27.4%

6

Idaho 29.9% 33.1% 26.0%

7

Oregon 29.7% 28.7% 30.9%

8

Georgia 29.0% 33.7% 23.3%

9

Rhode Island 29.0% 31.1% 26.6%

10

Tennessee 28.8% 35.5% 23.9%

11

Florida 28.6% 36.2% 20.3%

12

West Virginia 28.40% 34% 22.70%

13

Louisiana 27.20% 23.70% 31.40%

14

Kentucky 25.80% 31.10% 20.20%

15

Colorado 25.80% 31.40% 20.70%
All opinions expressed on USDR are those of the author and not necessarily those of US Daily Review.

Leave a comment

Your email address will not be published.


*