Marketplace®

Daily business news and economic stories

Here’s why teen unemployment is as high as it is

The unemployment rate for teenagers in March was 12.8% compared to the national figure of 3.8%.

The unemployment rate for teenagers in March was 12.8% compared to the national figure of 3.8%.
The unemployment rate for teenagers in March was 12.8% compared to the national figure of 3.8%.
tomazl/Getty Images

The unemployment rate for teenagers in March was 12.8% compared to the national figure of 3.8%. “They have lower levels of education. And they probably are not going to have the kinds of social and professional networks that many adults use to find jobs,” said Martha Ross at the Brookings Institution. Teens also tend to work in jobs with higher turnover, so they’re often between jobs.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    2 hours ago
    7:08
  • Marketplace Tech
    7 hours ago
    11:03
  • Marketplace
    19 hours ago
    25:19
  • Make Me Smart
    a day ago
    19:00
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45