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04-24-2008, 11:58 AM #1
Why Aren’t High School Kids Finding Summer Jobs?
Why Aren’t High School Kids Finding Summer Jobs?
[James Fulford]
Here’s an article from the Wall Street Journal, via Yahoo Finance, so it’s free: http://biz.yahoo.com/wallstreet/080423/ ... .html?.v=1
High Schoolers Feel the Chill In the Hunt for Summer Jobs
Wall Street Journal
Wednesday April 23, 2:39 pm ET
By Sue Shellenbarger
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% of the population, from 34.5% last year, predicts of the Center for Labor Market Studies at Northeastern University. That’s down from 45% in 2000 and a high of 48.5% in 1989.[More]
Ms. Shellenbarger does mention the I-word as one factor:
Weakness in the economy is accelerating a structural shift in employment patterns. More adults, including unemployed college grads, older workers, former welfare recipients, immigrants and working adults seeking second jobs, are competing for low-skilled hourly posts.
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