The teen unemployment rate is the lowest it’s been in years — why that’s both good and bad

On first glance, things are looking good for America’s teen workers. But a deeper dive shows that the country’s economic recovery could be leaving this group behind.

The unemployment rate for people between the ages of 16 and 19 dropped to 13.2% in July, according to data released Friday by the Bureau of Labor Statistics. That’s down from 13.3% in June and 15.6% a year ago. In July, the overall unemployment rate was 4.3%, a 16-year low.

With the labor market continuing to make steady improvements, talk has cropped up about the economy approaching full employment — but that’s far from the case for teenagers.

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