This is a news story, published by CNBC, that relates primarily to the St. Louis Fed news.
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teen employment rateCNBC
•86% Informative
Currently, about 16% of 18- to 24-year-olds are neither in school nor working, according to a recent report by the St. Louis Fed .
Others, referred to as "new unemployables," are struggling to get hired despite being well positioned to find work.
A "perfect storm" has created a glut of highly trained workers who struggle to find job opportunities.
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