The Thing About #FirstJobs?: They’re Good for Young People and Good for Business (By Jeffrey Zients and Valerie Jarrett, The White House Blog, October 11, 2016)
Our economy continues to recover from the worst downturn in our lifetimes – we’ve created over 15.3 million new jobs since job growth turned positive in 2010; the unemployment rate has been cut in half to five percent; and wages rose more last year than in any previous year on record. But the President knows that we still have work to do ensure that the gains of this rates than they did before the crisis. But unemployment rates for young people – and in particular, young people of color – are still far higher than they should be.