Listen Now: Summer Jobs: Only 30% of U.S. Teens Work During The Summer
[xyz-ips snippet=”post-thumb-url”]School’s out for summer… and chances are your teenager isn’t spending the extra time padding their college fund.
According to federal employment numbers only about a third of U.S. teenagers had a part-time job last summer. And there’s no reason to think those numbers will improve this summer.
But this doesn’t mean today’s teens are just lazy. According to the numbers there are fewer entry level jobs available than in past years. That includes things such as salesclerks, office assistants or burger flippers. If companies aren’t cutting back then a robot is likely doing the job.
Another problem for the wannabe workforce? There isn’t enough time with schools ending classes in late June and starting up again before Labor Day. Another factor contributing to the change is that more teenagers are doing unpaid internships or taking up volunteer community service work to fulfill graduation requirements.
Experts say the number of teenagers with summer jobs has been down since the recession, even in the cities adding the most jobs. Maybe parents can boost their kids allowance to get more things done around the house.
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CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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