"We could be headed for a historic low in the teen employment rate this summer," said Joseph McLaughlin, spokesperson for the Center for Labor Market Studies at Northeastern University. He pointed out that because of an economic downturn, more adults will be taking jobs traditionally held by teens.
"The summer 2008 job outlook for teens looks particularly bleak," he said.
The overall number of teens with summer jobs has been declining for years, partly because parents in all socioeconomic groups are increasingly encouraging their children to participate in academic and extracurricular pursuits to improve their resumes for college. Last year the number of college applicants was at an all-time record high.
Posted By: Aspen Education Group