November 4, 2011
By age, younger workers (20-24) were the big gainers in the latest Bureau of Labor Statistics' employment report, increasing their employment by 285,000. Over the last year, this group has seen employment growth of 583,000, nearly half of the overall employment growth reported in the household survey. While this age group has done relatively well in the downturn, teens have been hit hardest with a decline in employment of more than 25 percent. By contrast, employment of older workers has increased by more than 10 percent.
For more, see the latest Jobs Byte.