WASHINGTON (AP) - Good news for parents: Millennials in their early 20s found work in January.
The unemployment rate for workers ages 20 to 24 dropped more than a full percentage point to 8.2 percent last month. That's the lowest level since June 2007 and a vast improvement over the double-digit jobless rates that stretched from the Great Recession through 2014.
Men have some catching up to do, though: While the unemployment rate for women in their early 20s was 7.3 percent, the rate for men in the same age range was notably higher at 9 percent.
Unemployment rates also fell for Latinos and Asians. Rates rose slightly for black Americans, seniors and those without high school diplomas.
Overall, U.S. employers added 151,000 jobs last month, a deceleration from recent months. The overall unemployment rate dipped to 4.9 percent from 5 percent.
The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.