June 8, 2024

Youth

Newsweek - The unemployment rate ticked up in May on the back of a decline in the number of employed workers largely among the group that makes up the Gen Z generation. The number of those with jobs fell by 408,000 in May compared to the prior month to a little over 161 million, according to data from the U.S. Bureau of Labor Statistics. Meanwhile, the number of those considered unemployed rose by 157,000 to 6.65 million helping to push the unemployment rate to 4 percent, the first time that it jumped to that level since 2021.

AxiosHigh schoolers from New York, New Jersey and New England are picking the South's big state schools over expensive liberal arts colleges in the North. Southern schools are hot for their cheaper tuition, warmer weather, Greek life, and football fandoms. Applications to Southern colleges have jumped 50% since 2019, Bloomberg reports from Common Application data. Compare that to a less than 30% rise in New England and Mid-Atlantic schools. Case in point: Clemson and Louisiana State have twice as many students from New York and New Jersey as they did a decade ago.

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