(Bloomberg View) — Young people bounce back from adversity faster than their elders, right? Not when it comes to American jobs. Six years after the U.S. economy began expanding from the worst recession since the Great Depression, people ages 25 to 34 are having a harder time finding jobs than other workers.
This is the new normal. Men and women at the peak of their physical and mental development are increasingly frustrated in the job market precisely at the point when they are poised to launch careers and start families. Since the new century's first recession in 2001, the unemployment rate for these young Americans has stayed higher than the rate of overall unemployment, according to data compiled by Bloomberg.
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