Tuesday, July 12, 2016

Following Minimum Wage Increases, Unemployment Spikes among Black Male Teens

Following Minimum Wage Increases, Unemployment Spikes among Black Male Teens | Foundation for Economic Education:
"Perhaps one of the more interesting data points from last week's Employment Report is displayed in the graph above, which shows that the jobless rate for black male teens (aged 16-19 years) increased to 40.1% in June from 28.1% in May.
Except for a slightly higher increase of 12.2 percentage points during the aftermath of the Great Recession, the 12 percentage point increase in June was the highest monthly increase in history... "

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