Economics
Teens Flock Back to Summer Jobs, With Participation at 2009 High
- Leisure and hospitality, retail show biggest youth-jobs gains
- ‘Ready and willing to work’: Challenger, Gray & Christmas
Cupcakes are frosted at a bakery in New York.
Photographer: Rich Press/BloombergThis article is for subscribers only.
US teens are flooding back to the labor market this summer, hoping to pocket some extra cash as inflation surges across the country.
The participation rate for teens in the job market last month increased to 42.9%, the highest for any June since 2009, according to Challenger, Gray & Christmas Inc., a job-placement firm.