Data suggest many teens who aren't working chose not to look
Many job seekers have dropped out of the labor force not because they've gotten discouraged, but by choice.
The unemployment rate has been declining, in part because of a declining labor participation rate.
A new analysis of Bureau of Labor Statistics data by global outplacement consultancy Challenger, Gray and Christmas finds the biggest decline in labor force participation is among 16- to 19-year-olds. It's down to a record low 30.4 percent.
But contrary to reports that job seekers have gotten discouraged and dropped out, many of them just don't want a job. Of the 11.6 million teens not in the labor force, only about 8.3 percent said they want a job. Less than one percent indicated they were discouraged.
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