FRESNO, Calif. (AP) _ Experts and government watchdogs say $1.2 billion worth of stimulus money that was supposed to help teens find summer jobs has yielded few new opportunities for the young.
With more adults vying for the same low-wage positions as teens, the unemployment rate among 16- to 24-year-olds soared to 18.5 percent in July -- its highest level since just after World War II. Since the stimulus program began in May, almost a quarter of the nearly 280,000 youth enrolled in the work programs haven't gotten jobs.
One labor expert calls the program a "half-disaster.'' Andrew Sum of the Center for Labor Market Studies at Northeastern University says it was "too little, too late and too poorly constructed to have any lasting effect.''