Youth Summer Unemployment Hits Lowest Rate in 52 Years

The Bureau of Labor Statistics reported Thursday that the unemployment rate for 16 to 24 year olds had dropped to 9.2% in July, from 9.6% in July of 2018. That marks the lowest summer youth unemployment rate since 1966.

President Donald Trump celebrated the numbers on Twitter.

Just announced, youth unemployment is at a 50 year low! @foxandfriends

Donald J. Trump (@realDonaldTrump) August 17, 2018

However, there's a bit more to the story.

The unemployment rate measures only those who...

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