Millennial Jobs Report: Youth Unemployment reaches 13.1 Percent as U.S. Economy Shrinks

Generation Opportunity asks young people to take action by sharing their personal stories on social media
Washington, DC – (2/1/13) – Generation Opportunity, a national, non-partisan organization advocating for Millennials ages 18-29, is announcing its Millennial Jobs Reportfor January 2013. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

· The youth unemployment rate for 18-29 year olds specifically for January 2013 is 13.1 percent (NSA).

· The youth unemployment rate for 18-29 year old African-Americans for January 2013 is 22.1 percent (NSA); the youth unemployment rate for 18-29 year old Hispanics for January 2013 is 13.0 percent (NSA); and the youth unemployment rate for 18–29 year old women for January 2013 is 11.6 percent (NSA).

· The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as...

Generation Opportunity