Youth Unemployment Reduction Act

Youth Unemployment Reduction Act - Establishes in the Executive Office of the President a Presidential Task Force on Youth Unemployment. Specifies the duties of the Task Force including identification of the labor market problems of youth and determination of the impact of certain Federal programs and the public education system on youth labor problems.

Directs the Task Force to report its findings and make recommendations relative to reducing generally youth unemployment, changing tax and fiscal policy, and amending specified Federal programs.

Directs the President to report on the desirability and feasibility of implementing Task Force recommendations.

Designates a goal for both minority youth unemployment and youth unemployment in general.