When it comes to jobs, there’s still no good news for the college aged crowd.

The College Fix reports.

Youth Unemployment Remains High at 16.1%

Job prospects for young people continue to flounder, according to the latest stats from the Dept. of Labor.

Generation Opportunity, a non-partisan youth advocacy organization, breaks down the jobs report in a press release today:

The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

• The effective (U6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 16.1 percent (NSA).

• The declining labor force participation rate has created an additional 1.7 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.

• The (U3) unemployment rate for 18-29 year olds is 12.7 percent (NSA). The (U3) unemployment rate for 18-29 year old African-Americans is 23.7 percent (NSA); the (U3) unemployment rate for 18-29 year old Hispanics is 13.2 percent (NSA); and the (U3) unemployment rate for 18–29 year old women is 11.6 percent (NSA).

Evan Feinberg, President of Generation Opportunity, issued the following statement:

“The White House will undoubtedly try to spin this morning’s jobs report as evidence that their policies of higher taxes and unsustainable deficits are actually creating more opportunities – young people know better.

“Young people are finding fewer opportunities and are being saddled with the costs of our country’s unsustainable deficits…”