Jobless rates fell in August for young workers, recent vets

Created: 09/04/2015 1:21 PM WHEC.com
By: By The Associated Press

WASHINGTON (AP) — Young workers ended the summer with more jobs.

The unemployment rate for people ages 20 to 24 fell to 8.9 percent, the lowest level since April 2008. Younger workers have had a hard time finding jobs since the Great Recession officially began 7½ years ago. Their unemployment rate has been stuck in double digits for most of that time.

In August, unemployment rates also fell for recent veterans and Asians but rose for black Americans and teenagers.

Overall, U.S. employers added 173,000 jobs last month. The national unemployment rate fell to 5.1 percent, a level that the Federal Reserve regards as consistent with a normal economy.

The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.

Unemployment rate by group:
(Numbers in percentages)Aug. 2015July 2015Aug. 2014
Hispanic or Latino ethnicity**
Adult men4.74.85.7
Adult women4.74.95.6
20-24 years old8.910.110.7
25-54 years old4.44.55.3
55 and over3.83.74.5
Veterans of Iraq/Afghanistan*
No high school diploma7.78.39.1
High school graduate5.55.56.2
Some college4.44.45.4
College graduate2.52.63.2
Duration of Unemployment:
Average length (weeks)28.428.331.9
Jobless 6 months or more (pct.)27.726.931.2
* Not seasonally adjusted
**Includes all races
Source: Labor Department

(Copyright 2015 by The Associated Press. All Rights Reserved.)


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