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Teen Summer Job Market May Be the Worst Since 1951
By David Sessions - Politics DailyAmericans aged 16 to 19 face the toughest employment situation since the 1950s, according to job statistics released July 2 by the Department of Labor and analysis by employment experts, AOL's Daily Finance reports. The government's June employment statistics revealed that non-farm payrolls decreased by 125,000 jobs even as the U.S. employment rate inched downward to 9.5 percent. The unemployment rate for teenagers, however, is triple that: 29 percent, according to non-seasonally adjusted numbers from the Bureau of Labor Statistics. And in June, teen job growth sank to its lowest level ...
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