Teenagers have found it significantly harder to get a job since the recession began in late 2007, with black youths and young people from low-income families faring the worst, wrote Andrew Sum of Northeastern University in Boston, a employment researcher commissioned by the Chicago Urban League and the Alternative Schools Network."Low-income and minority youth, who depended on part-time jobs as a significant stepping stone to future employment, have been forced out of the job market and economically marginalized," Herman Brewer of the Chicago Urban League said in a statement.
Overall, 26 percent of American teenagers aged 16 to 19 had jobs in late 2009, said the report, which was based on U.S. Census Bureau data. That figure is a record low since statistics began to be kept in 1948, the researchers said.
I posted last week on a business who decided not to hire two teenagers because the minimum wage was to high for the skill required to do the work.
The Gekko's have a combined 14 siblings (nine her, four me). Together, with in laws, we have one person among all of us who have lost a job (subsequently re-employed). I note this because the people in our family probably have as more marketable skills than the average person. We'll ultimately do OK during this downturn.
It's the folks who don't have skills who will suffer and things like minimum wage hike will only put pressure on employers to farm out their labor demands to third world countries when the economy does turn around.
Once again, I'm not a conservative for me. The Gekko's will always find a way to make money. It's the least of us I truly care about.
Unfortunately, democrats sell self destructing snake oil to these people like a group of carnies.
Maybe they'll get it before it's too late.
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