Jobless Rates Fell in August for Young Workers, Recent Vets

September 4, 2015 4:10 PM

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The unemployment rate for people ages 20 to 24 fell to 8.9 percent, the lowest level since April 2008. Younger workers have had a hard time finding jobs since the Great Recession officially began 7½ years ago. Their unemployment rate has been stuck in double digits for most of that time.

In August, unemployment rates also fell for recent veterans and Asians but rose for black Americans and teenagers.

Also read: U.S. Existing Home Sales Fell in April

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