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(CNN Money) Young workers are landing jobs again.
Some 650,000 workers aged 16 to 24 found employment in the past three months, the biggest spike for that age group since the recession began, according to Labor Department statistics.
Young Americans were hit harder than most other groups during the Great Recession. Dubbed by some as "the lost generation," the unemployment rate for college graduates age 24 and younger hit an all-time high in 2010.
More broadly, the percentage of 16- to 24-year-olds with jobs fell to as low as 44.6% of their age group, down from 52.2% at the start of the recession.
Certainly, people of all ages suffered. But the share of those in their working prime, age 25 to 54, who had jobs fell only 5 percentage points to 74.7% at its worst, while the percentage of employed older folks held fairly steady.
Since August, however, young people have been flooding the workforce. They account for nearly two-thirds of the rise in employment in the past three months, with older workers making up the rest. Those in the middle saw their employment levels drop by 212,000.
It's likely they are finding work at retailers, restaurants and other service-related employers. These industries have been boosting their payrolls lately and their workforce often skews younger.
Read full story at CNN Money...
