Unemployment Rises Above 10 Percent for the First Time in 26 Years

Unemployment Rises Above 10 Percent for the First Time in 26 Years: "the share of the population with a job has fallen to 58.5 percent, lower than at any point since 1983; adult men’s employment rates fell to 66.7 percent, hitting another all-time low (going back to 1948); and teens are seeing their worst labor market ever—unemployment among 16- to 19-year-olds is a record 27.6 percent. ...the labor force participation rate is lower than at any time since 1986. "