National University System Institute for Policy Research

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Wednesday, February 27, 2013

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According to the organization Generation Opportunity, the national unemployment rate for people 18 to 29 years of age is 13.1 percent, well above the overall rate. San Diego’s equivalent rate would probably be a bit higher, says Kelly Cunningham, economist for the National University System Institute for Policy Research. Reason: the San Diego economy is weaker than the national economy.
Vince Vasquez, senior policy analyst at the same institute, says that the unemployment rate for San Diego military veterans 18 to 34 years of age is 13.4 percent. But the rate is only 8.1 percent for the next-older cohort, veterans 35 to 54.