The U.S. is currently experiencing its longest stretch of continuous monthly job creation and the lowest unemployment rate (3.7 percent) in 50 years. A tight labor market often improves job prospects for typically hard-to-employ groups with fewer skills and less experience, including teens. However, as of October 2018, the U.S. unemployment rate for teens remained high at 11.9 percent – more than three times the overall rate. As of August 2018, 37.1 percent of teens were participating in the labor market, far below the historical peak of 59.3 percent in August 1978.
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Sourced from: Cities Speak