Job Market Monitor
Teenager
US – Teens aren’t working summer jobs anymore
At 41.3 percent, the July labor force participation rate of teens was the lowest for the month in the post-World War II period. The teenage summer job has been going the way of telephone booths and the cassette tape for decades. The length of the downward trend has been masked by the fact that it’s hard … Continue reading
Australia – One in five unemployed today is a teenager
It can’t be said enough, amid a steady rise in the overall unemployment rate, Australia’s youth continue to bear the brunt – and teenagers are faring worst of all. More than 290,000 Australian youth aged 15 to 24 were categorised as unemployed in January. The worst hit were the 15 to 19 year olds, with … Continue reading
Teenage employment in Australia – A crisis
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 – … Continue reading
Teen Unemployment in US – A crisis says EPI
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
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