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Teen Summer Jobs Down
By Joe Gullo
After getting off to a strong start in May, job gains among teens stumbled in June.
Employers are hiring 15 percent fewer 16 to 19-year-olds than a year ago. That's according to analysis of the latest data from the Bureau of Labor Statistics by global outplacement consultancy challenger, Gray and Christmas.
The number of employed teens grew by 661,000 last month, which typically represents the peak of the teen summer hiring period. That was down significantly from June 2013, when 779,000 teens joined the ranks of employed Americans. In 2012, nearly 860,000 teenagers were added to payrolls in June.
The 661,000 June job gains among teens was, in fact, the fewest since 2010. That was after the great recession, where only 497,000 teens were added to employer payrolls.