Labor & Economic News Blog

Wednesday, April 23, 2008

Teen job-seekers face a tough summer due to economy

Teen job-seekers face a tough summer due to economy
More teens will be looking for summer jobs this year than last — but fewer will be getting them. After sinking to a new low in 2007, teen summer employment is expected to fall again, to the lowest rate in the 60-year history of government jobs data. Working teens ages 16 to 19 will slide to 34 percent of the population, from 34.5 percent last year, predicts Andrew Sum of the Center for Labor Market Studies at Northeastern University. That's down from 45 percent in 2000 and a high of 48.5 percent in 1989. This comes as more teens prepare to seek summer jobs. Citing rising gasoline prices, among other things, Junior Achievement next month will release results of an annual survey showing a 22 percent increase in the share of teens who want to work this summer, says a spokeswoman for the nonprofit.

 



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