Is 16-19 Year Old Unemployment at 37.1%?

Posted on Tuesday, January 12, 2010

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In response to my post on 16-19 year old unemployment, reader MichaelGER asked:

Why not do an EconomPic unemployment rate sugestion for this figure? Might look
ugly...

He is "of course" referring to the EconomPic method (a method that accounts for the huge swings in the participation rate) of calculating unemployment. Here it is...