*L*E*G*A*C*Y*
Done.
The Labor Department on Friday reported a solid 192,000 jobs were added to the economy in March. The uptick in jobs was generally good news, but the Republican National Committee spotlighted one group still lagging: young adults.
While the overall unemployment rate stayed at 6.7 percent, the unemployment rate for 20-24 year-olds increased from 11.9 percent to in February to 12.2 percent in March. For workers ages 16 to 24, the unemployment rate rose marginally to from 14.4 percent in February 14.5 percent.
"Young people propelled Obama to office, but have not seen any benefits from his agenda," Republican National Committee spokesman Raffi Williams said in a statement. "The latest youth unemployment figures show how Obama's policies of higher taxes, increased regulations and, most importantly, ObamaCare have stunted Millennials economic opportunity."
http://www.cbsnews.com/news/gop-decries-millennial-unemployment-levels/
A dismal March jobs report that saw 663,000 Americans completely give up and leave the work force, lowering the labor force participation rate to its lowest since 1979, especially impacted young workers 18-29 years of age, a group that now has a 16.2% effective youth unemployment rate.
1.7 million young workers 18-29 years of age, a group that helped power President Barack Obama to two election victories in 2008 and 2012, have dropped out of the labor force and are no longer counted as "unemployed," joining the nearly 90 million Americans who have done the same and the 9,460,000 Americans who have dropped out of the workforce since President Barack Obama was inaugurated in 2009.
While the youth unemployment rate for March is 11.7 percent, when the labor force participation rate is factored in, the effective unemployment rate becomes 16.2%.
Evan Feinberg, president of Generation Opportunity, the non-partisan national organization that released the numbers in its "Millennial Jobs Report for March 2013, said, "March was another lost month for my generation," and "young people are finding fewer opportunities and are being saddled with the costs of our country's unsustainable deficits."
http://www.breitbart.com/Big-Govern...ffective-Millennial-Unemployment-Rate-At-16-2
(I didn't want to quote breitbart, but this was a good read)
Late pass on both.