Since February 2008, there have been 917 thousand net jobs added to the Australian economy but teenagers have lost a staggering 117.3 thousand over the same period. It is even more stark when you consider that 97.2 thousand full-time teenager jobs have been lost in net terms.
Even in the traditionally, concentrated teenage segment – part-time employment, has shed 20.1 thousand jobs net even though 521.3 thousand part-time jobs have been added overall.
Overall, the total employment increase is modest. Further, around 54 per cent of the total net jobs added since February 2008 have been part-time, which raises questions about the quality of work that is being generated overall.
The following graph shows this sordid history. The black line on the part-time employment graph is a linear trend to make what is happening clearer.
So not even in the part-time area where teenagers have an advantage are they gaining traction.
Chosen excerpts by Job Market Monitor. Read the whole story at Teenage employment decline in Australia reaching catastrophic proportions | Bill Mitchell – billyblog.
In preparation for summer 2013, the Employment Policies Institute EPI released a new analysis highlighting the nation’s staggeringly high 24.1 percent teen unemployment rate. Teen unemployment has exceeded 20 percent for over four and a half years—a fact that calls into question the wisdom of passing additional minimum wage increases that would price more teens … Continue reading
Teen employment has plummeted in a trend that long predates the Great Recession, worrying economists across the political spectrum. In the current labor market, any black mark can doom a worker: lack of education, inexperience, even a presumed sense of not needing the work enough. Teens are at the bottom of the totem pole, with … Continue reading
Teens and young adults employment plummeted between 2000 and 2011 in the Largest Us Metropolitan Areas study says
“Employment prospects for teens and young adults in the nation’s 100 largest metropolitan areas plummeted between 2000 and 2011″ write Andrew Sum, Ishwar Khatiwada, Mykhaylo Trubskyy, and Martha Ross with Walter McHugh and Sheila Palma in The Plummeting Labor Market Fortunes of Teens and Young Adults on brookings.edu. On a number of measures—employment rates, labor force underutilization, unemployment, and year-round joblessness—teens … Continue reading
The black teen unemployment rate spiked to 38% in January. The dramatic increase represented almost a 10% increase over December’s 35.5% unemployment rate. Overall, the teen unemployment rate for all races was 21%, a modest increase from December. Chosen excerpts by Job Market Monitor. Read the whole story at Black Teen Unemployment Jumps to 38%.
A report released in October by the Organization for Economic Co-operation and Development highlighted that Brazilian youths, aged between 15 and 24 years, are more likely to be unemployed than the population average Continue reading
More than one in seven between age 16 and 24 can’t find any job, full or part-time. For African Americans in that age group, it’s more than one in four. Continue reading
These young men represent a tremendous pool of potential talent that deserves the opportunity to rise to greater heights in the labor market and overcome the barriers that constrained the progress of past generations. Continue reading