May 2014 job cuts highest in 15 months, Challenger Gray and Christmas report, Plans to reduce payrolls 52961, Job cuts up 31 percent from April, Technology sector highest “The unemployment rate for 18-to-29-year-olds was 9.1% in April, which rises to 15.5% if you include those who have given up looking for work,” “For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate,” “For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the firstRead More