Hold the Champagne on celebrating a milestone in jobs for young adults in the U.S. -- and not just because many of them are below the legal drinking age.
While President Donald Trump proclaimed on Friday that youth unemployment was at a half-century low -- true, when looking at the jobless rate -- the actual number of Americans ages 16 to 24 who are working remains a few million below the peak in the late 1970s. One big reason: More are focusing on school full-time and aren’t bothering to look for jobs.
