Do a search and you will discover the EMPLOYMENT rate for recent high school graduates is attributed to the increase in the minimum wage rate that has eliminated many jobs for the large number of unskilled workers that entered the job market in May. Fast food place in particular are hard hit with many switched to automation to reduce the number of employees and the high attrition rate of the fast food industry. Shades of the lettuce workers unionizing ;)
Waiv>
>> Mike hunt wrote:
>>> What part of "If one tales the time to do a proper search they will
>>> discover that actually the economy is not currently, and has never been
>>> in "RECESSION" by DEFINATION since 2000," and "The 2001 slow down was
>>> reversed, in less than a year, by the tax RATE cuts passed by the
>>> CONGRESS as requested by the President," Do you not understand? LOL >>
>> Most definitions of recession include 2 quarters of economic downturn.
>> The economic downturn in 2001 lasted from March 2001 to November 2001,
>> which included two quarters.
>>
>> You also said that the unemployment rate now is better than any time in
>> the 1990s. You have failed to explain how today's unemployment rate of
>> about 5.5% is better than that in 1999 when it was about 4%.
>
> There's more to unemployment data and meaning than one simple number... >
>
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> --
> Larry J. - Remove spamtrap in ALLCAPS to e-mail
>
> "A lack of common sense is now considered a disability,
> with all the privileges that this entails."