Here's a chart that shows the differential between Teenage unemployment and general unemployment. It seems that there were several Ivy league academic economists that claimed that this wasn't true based upon one NJ study. They got HUGE play in the press. The other 1000 studies showing raising the price of labor reduces demand for it? Not so much. When you want to be lied to, no volume of truth will do. Good for unions, though.
Carpe Diem
excerpts a big NYT business article that rants about dismal job prospects for teens forever without once referencing the government price fixing as a contributing factors. They're just not very bright, are they? No wonder an octegenarian Aussie is pounding them into bloody bits.
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