Labor Secretary Hilda Solis cheered a slight decline in the youth (16-24) unemployment rate, saying that it was a sign that the job market was improving for America’s young people.
“As young Americans all across the country prepare to head into a new school year, I’m excited to say that many more will take with them lessons learned through summer jobs,” Solis said Wednesday in a press release.
“It’s no secret that the effects of the 2007 recession had a significant impact on job prospects for youth, but today’s report showed positive signs that job prospects for young people picked up pace in 2012,” she said.
Solis’ statement marked the release of the Bureau of Labor Statistics’ annual youth unemployment report. Solis said that the report showed positive signs for young job seekers, noting that the youth unemployment rate had fallen to 17.1 percent over the past two years.