Teen Employment Up, Age 20+ Employment Down Again In November 2022

Financial stock market graph. Selective focus.

Diego Thomazini

November 2022 marks the second consecutive month in which U.S. teen employment was up, but Age 20+ employment was reported down.

Here are the seasonally adjusted numbers from the November 2022 Employment Situation report, with their change from October 2022:

  • Total Employment (Age 16+): 158,470,000 (-138,000).
  • Adult Employment (Age 20+): 152,729,000 (-287,000).
  • Teen Employment (Age 16-19): 5,741,000 (+149,000).

Since each of these data series undergoes its own seasonal adjustment, the figures won’t add together as the non-seasonally adjusted data does. For the sake of sanity, here’s that data along with its change from the previous month:

  • Total Employment (Age 16+): 158,749,000 (-395,000).
  • Adult Employment (Age 20+): 153,247,000 (-475,000).
  • Teen Employment (Age 16-19): 5,502,000 (+80,000).

The following chart presents the seasonally-adjusted employment data for the working teen population, breaking down the data for younger teens (Age 16-17) and older teens (Age 18-19).

U.S. Teen Employment, January 2016 - November 2022

According to the seasonally-adjusted data, November 2022 saw 43,000 more 16-to-17 year olds successfully gain employment, while the number of working 18-to-19 year olds increased by 115,000 above October 2022’s level. Only the jobs data for Age 16-17 working teens shows a flat-to-downward trend since April 2022. Older teens have experienced an upward employment trend during this period, which has not yet reached its pre-coronavirus recession peak.

Looking at the Age 20+ population, the bulk of reduced employment is taking place in the prime Age 25-54 demographic, with the Age 25-34 and Age 45-54 groups within this population having the biggest reduction in jobs during recent months.

Reference

U.S. Bureau of Labor Statistics. Labor Force Statistics (Current Population Survey – CPS). [Online Database.] Accessed: 2 December 2022.

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Editor’s Note: The summary bullets for this article were chosen by Seeking Alpha editors.

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