Instapundit points out that the worst job market right now is the 18 to 24 year-old non-students.
My question: does this have anything to do with the skyrocketing price of unskilled labor thanks to recent minimum wage hikes? Congress enacted a minimum wage increase that took it from $5.15 to $7.25 over the last 3 years. Meanwhile the job market has gone in the toilet. Who gets paid the minimum wage? Kids living with their parents. What a surprise 52% of them are out of work.
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