The US unemployment rate is lower now than it’s been in nearly a decade. And that’s good news, for most of us. But if you just look at the top line number, you miss out on the full story.
There are many communities that have not fully recovered, and may be in even worse position than they were when the market crashed. Young people around the world have the lowest odds of being employed, and many that are working are at jobs that are part time or outside of their field of study.
And the grimmest news of all, printed in the World Bank’s recent report on youth unemployment, is that for many groups, the end of these high unemployment rates might never come. For more, read the full article here.