Teens In Luck This Summer- Get to Work!
Managers who plan to hire hourly summer workers expect to add an average of 30 workers this year, up from 27 last year, according to a survey conducted on behalf of the job placement company Snagajob. The Ipsos survey of 1,005 seasonal hiring managers found that 68 percent plan to hire summer workers this year.
They should find plenty of willing applicants.
The unemployment rate for 16- to 19-year-olds was 25.1 percent in February, according to the Bureau of Labor Statistics. That compares with 14.9 percent six years ago, in February 2007. The nation officially went into recession in December 2007, and the weak recovery began in June 2009.
The unemployment rate, which includes only people who are actively looking for a job, is seasonally adjusted to account for variations such as more teens employed in the summer.
The overall unemployment rate for all working Americans fell to 7.7 percent in February, the lowest level in four years, as the economy added 236,000 new jobs. The March unemployment report is due out Friday, and economists will be watching closely to see if the momentum in the job market continues.