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Young Money: Youth Unemployment Rate Continues Downward Trend, Labor Force Participation Rate Remains a Challenge

Today the U.S. Bureau of Labor Statistics released its latest snapshot of the American economy. In October, 261,000 new jobs were added to the economy. The unemployment rate ticked slightly down to 4.1%, the lowest since December 2000. Estimates from September were revised, showing that the jobs ...

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Borrower’s Bill Of Rights: States Step Up To Protect Student Loan Borrowers

In the absence of federal leadership on loan servicing, states must step up to protect their student borrowers from servicers that act more like debt collectors than loan counselors. Fortunately, there is something they can do: create a Borrower’s Bill of Rights.

Young Money: In July, Youth Unemployment Falls But Labor Force Participation Remains Low

In July, the economy added 209,000 jobs and the national unemployment rate fell 0.1 percentage points, to 4.3 percent. The youth unemployment rate (which tracks 16- to 24-year-olds) also fell 0.1 percentage points, to 9 percent flat. This brings the 2017 year-to-date youth unemployment rate to 9.3 ...

Millennial Voters Win With Automatic Voter Registration

Millennials today number more than 83 million individuals and account for nearly one-third of both the labor force and the eligible voting population. Millennials now surpass Baby Boomers as America’s largest generation. Beyond sheer numbers, Millennials also represent the most diverse generation ...

Young Money: Midway Through 2017, Youth Economic Opportunity Still Depends On Race And Ethnicity

Sign up to get each edition of Young Money–our newsletter on Millennials and money–in your inbox every month. June’s youth jobs day numbers show us not just how youth fared this month, but a reflection point for the first half of 2017. As will be discussed, the numbers show that while ...

Young Money: Youth Unemployment Falls To Lowest Rate In A Decade But Participation Remains Low In May

While young people across the country finished up the school year and began to look for summer or permanent work in May, the Trump administration worked to reverse several policies that help ensure young workers’ success. The Trump budget, for instance, would cut funding for workplace development ...

#HandsOff Higher Ed: How The Trump-DeVos Education Budget Would Hurt Student Loan Borrowers

On Tuesday, May 22, President Trump announced his full budget. While he ran on a campaign bolstered by claims of populism and restoring power to the people, his budget does just the opposite: it cuts taxes for the wealthy while slashing foundational programs for low- and middle-income Americans. ...

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