DENVER BUSINESS JOURNAL - Even though metro Denver is a mecca for young people, those here under 25 now face a more difficult time finding jobs than they did in 2000, according to a report released late Thursday.
That's especially true for Denver teen-agers 16-19, whose employment rate dropped nearly 17 percentage points from 2000 to 2012, said the report by the Metropolitan Policy Program at the Brookings Institution in Washington, D.C.
The employment rate for 16-19-year-olds in metro Denver in 2001 was 49 percent, compared with 32.2 percent in 2012. That ranked Denver 64th out of the top 100 metro areas in the country in terms of stability in employment in that age group. In other words, two thirds of the nation's cities saw a smaller percentage change from 2000-2012 than Denver did.
Provo, Utah, had the best results in that age group, with a 0.6 percent increase in the employment rate to 48.6 in 2012 from 48.0 in 2000.
The Cape Coral-Fort Myers, Fla., area experienced the biggest change in that age group in the nation, with a 27.4 percentage point drop in employment from 2000 to 2012.
Read the full report in the Denver Business Journal: http://bit.ly/1m42v0J.