Report shows a quarter of Americans in their prime working years (25 to 54) are unemployed

The labor market is in great shape, according to the United States government and the Federal Reserve. The labor market may be great for those who are in secure, well-paying jobs, but not so much for those who have only been able to garner minimum wage jobs (SEE: Report: 78% of jobs added in February were minimum wage positions).

But the labor market isn’t great for another group of people: those in their prime working years (ages 25 to 54).

According to a report from the U.S. Senate Budget Committee (via Weekly Standard), 23.2 percent (or 28.9 million) of Americans in their prime working years are unemployed.

Here is the chart:

Indeed, the Fed has printed a lot of money since the economic collapse, and the governments have put forward a lot of stimulus. This money has seeped into the economy and have certainly benefited various areas of the market. However, there are still plenty of Americans who have yet to see any benefits.

Here is a statement from Republicans on the Senate Budget Committee:

“There are 124.5 million Americans in their prime working years (ages 25–54). Nearly one-quarter of this group—28.9 million people, or 23.2 percent of the total—is not currently employed. They either became so discouraged that they left the labor force entirely, or they are in the labor force but unemployed.This group of non-employed individuals is more than 3.5 million larger than before the recession began in 2007,” writes the Republican side of the Senate Budget Committee.”

The labor market is improving thanks to manipulations by the Janet Yellen and Co., but there are still many in the country who aren’t seeing a recovery.