Читать книгу Out of Work - Richard K Vedder - Страница 17

Teenage unemployment has consistently been higher than that for older Americans, although the differential reported in the 1930 census was very modest. Between 1930 and 1940, the teenage unemployment differential soared, then narrowed somewhat in the 1950s. On balance, the teenage differential has widened since 1950, as is demonstrated by comparing 1950 and 1989, years in which the aggregate unemployment rate was identical. In 1989, the teenage unemployment rate was 2.8 percentage points greater than in 1950.