Study: Only 1 in 4 Teens Has a Job
Only about 25 percent of 16- to 19-year-olds are currently employed, according to new information from the Bureau of Labor Statistics, which constitutes a drop of 10 percentage points from just five years ago. MSNBC.com has more:
With summer approaching and the job market showing signs of improvement, teens could have a better shot at getting hired than they have had in years. But it could take many more years for teens to resume working at pre-recession levels.
The April employment report, due out Friday, will offer more clues into how things will look in the coming months.
Part of the issue is that fewer teens either want to work or think they can get a job. The labor force participation rate, which measures both teens who are working and those actively seeking work, also has fallen sharply since 2000.
Image: Teenager at work, via Shutterstock.