Teenagers should have an easier time finding a job this
summer, according to a recent report by outplacement consultancy Challenger,
Gray & Christmas.
Summer will bring more job opportunities for 16- to
19-year-olds, but there will be competition from recent college grads and older
workers, John A. Challenger, CEO of
Challenger, Gray & Christmas, said in a news release.
“Employment gains for teens in May, June and July should
surpass last year’s levels,” the news release says.
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It’s going to be another tough summer for the teen job market this year.
Outplacement consultancy Challenger, Gray & Christmas Inc. projects little improvement from summer 2010 when the number of teen jobs increased by 960,000 from May through July, a 17.5 percent drop from 2009 and the lowest summer job growth since 1949.
The 3.3 million teens employed last July was the lowest since 1959, Challenger, Gray said in its annual teen employment outlook.
Despite the dismal forecast, parents can cling to the hope their kid’s job hunt will be successful.
Teen hiring is expected to improve this summer as the economic recovery gathers strength, but the competition for jobs will be intense, says global outplacement consultancy Challenger, Gray & Christmas, Inc.
“It is unlikely that summer employment gains among teens will reach pre-recession levels, but we should definitely see increased hiring compared to 2008 and 2009, which experienced the weakest summer teen job growth since the 1950s,” John A. Challenger, chief executive officer of Challenger, Gray & Christmas said in a press release issued today.
However, teens looking for summer jobs in retail and food service “may compete with recent college graduates or older workers who need to supplement retirement income,” Challenger said.