Teen Employment

CBS MoneyWatch: Prospects improving for teens looking for summer jobs

Original Article: http://www.cbsnews.com/news/prospects-improving-for-teens-looking-for-su...

"'It is not that young people have gotten progressively lazier. In fact, it is quite the opposite," said Challenger. 'They are spending more time on homework, extracurricular activities, and summer educational and personal development programs. All of these factors take away from time that used to be spent in a traditional job.'"

2014 Teen Summer Jobs Update: Strong Spring Stunted Summer Growth

More teenagers found jobs in July compared to a year ago, but it was not enough to lift the overall summer hiring total above last year’s levels, according to an analysis of government employment data by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Employment among the nation’s 16- to 19-year-olds increased by 419,000 in July, a 16 percent improvement from the 361,000 teens hired in July 2013.

Investor's Business Daily: Share Of Teenagers Working Tumbles 42% Since 2000

Original Article: http://news.investors.com/economy/050914-700380-teen-job-crisis-mirrors-...

"'Today more and more teens are encouraged to get other kinds of alternative experiences," said John Challenger, CEO of the outplacement firm Challenger, Gray & Christmas. "Going to work in the local retail store, like we used to, is not as valuable."

Analysis: Participation Rate Data Largely Skewed by Teens

Much attention has been given to record-low participation rates in the wake of the Great Recession. The latest data indicate that only 62.5 percent of non-institutionalized working age adults are employed or actively seeking employment. The remaining 37.5 percent, so the story goes, is so frustrated with the lack of opportunities that this group has simply dropped out of the labor market.

Teen Summer Jobs Update: Employment Below 2012 Levels

After getting off to its strongest start in seven years, the pace of teen hiring in June and July declined from last year’s levels, as a slowdown in economic activity provided little reason to grow payrolls. Overall, teen employment gains during the three-month summer hiring season were down 3.0 percent from 2012, according to an analysis of government employment data by global outplacement consultancy Challenger, Gray & Christmas, Inc.

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