July 2015

June 2015 Teen Employment Update: Gains Fall in June, But Overall Employment at 6-Year High

While the latest employment data show that summer job gains among teenagers were lower than a year ago, overall employment for this population is at its highest level since 2009. The seemingly contradictory data suggest that teenagers are finding employment throughout the year and are no longer relegated to summer jobs.

CEO CHANGES JUMP 13% IN JUNE TO 102; MIDYEAR TOTAL IS 11% LOWER THAN A YEAR AGO

The pace of chief executive officer departures surged in June, with nearly five new announcements each business day. The 102 changes recorded during the month, including notable exits at Boeing, Twitter, and Toys R, Us was the most since January, according to the latest report from global outplacement consultancy Challenger, Gray & Christmas, Inc.

Last month’s total was up 13 percent from the 90 CEO exits announced in May. It marks just the second time this year that more than 100 departures were announced.