Wednesday, August 21, 2013

The Disappearing Summer Job

Only 60.5 percent of 16-to-24-year-olds were working or looking for work last month, according to the Bureau of Labor Statistics. Typically, the labor force participation of young adults peaks in July. Over the decades, however, the percentage of 16-to-24-year-olds with a summer job has declined. In July 1989, more than three out of four (77.5 percent) 16-to-24-year-olds were in the labor force.

Source: Bureau of Labor Statistics, Employment and Unemployment among Youth—Summer 2013

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