This discussion is tied to an old “Issues and Applications” and needs to be updated to:
After reading the section at the end of your chapter titled, “Economics in Your Life: After Years of High Teen Unemployment Rates, U.S. Teenagers are Finding Work Once More”, and doing further outside research into U.S. unemployment trends by age, please answer the following question:
Why do you suppose that the drop in the overall U.S. unemployment rate to its lowest levels in more than 50 years contributed to an increase in the teen labor force participation rate and a decrease in the teen unemployment rate?
A-10. Unemployment rates by age, sex, and marital status, seasonally adjusted (bls.gov)
