Monday, June 18, 2012

Sad summer in the city for job-hunting teens

From Reuters:

Job-hunting teenagers in cities across the United States face the third bleak summer in a row. They must compete for scarce slots in scaled-back government work programs and against adults forced into low-paying positions by the unemployment crisis.

The harsh summer job market for teens is compounded by this: The country has recovered only half the jobs lost from December 2007 through June 2009, the worst recession in 70 years.

Teens - often the last hired and first fired - suffered the toughest summers on the job front since World War II in 2010 and 2011. This summer, the outlook is chilly - again.

In April, the U.S. unemployment rate for 16- to 19-year-olds was 24.9 percent - and much higher in some major metropolitan areas....

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Link: http://www.reuters.com/article/2012/06/18/us-usa-cities-teens-idUSBRE85F0B020120618?

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