Hispanics in the Workforce Part III: Hispanic Youth
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The severity of minority youth unemployment does not bode well for the future. Demographics will favor higher productivity and lower unemployment over the next 12 years as prime-age workers make up a larger share of the U.S. labor force. The decline in the proportion of young workers, who have high unemployment rates, should decrease the nation's overall unemployment rate. But the growing proportion of minority youth, whose unemployment problems have been especially intractable, suggests that hardcore unemployment will endure into the future.