August 25, 2004
In July 2004, 3.0 million youths aged 16 to 24 years old were unemployed—not working but actively looking for work and available to take a job.
The youth unemployment rate—12.3 percent—was down from 13.3 percent in July 2003.
The July 2004 unemployment rate for young men (12.0 percent) was lower than a year earlier. The jobless rates for young women (12.7 percent), young whites (10.1 percent), young blacks (26.6 percent), young Asians (8.6 percent), and young Hispanics or Latinos (12.7 percent) showed little or no change from a year earlier.