Teen job market continues to slow
Teens at a job fair in May in Hampton Bays Credit: Thomas A. Ferrara
After getting off to a slow start in May, the teen job market appears to have deteriorated even more.
Employment among 16 to 19 year olds grew by just 497,000 jobs, the lowest mid-summer job growth for this group since 1951, according to the Chicago outplacement firm, Challenger, Gray & Christmas.
In May the group said the teen summer job market got off to its slowest start since 1969.
As chronicled in Newsday in May, teens have faced the highest unemployment rate since at least 1948 in part because older workers are putting off retirement or jumping back into the job market to make ends meet.
The current 26 percent teen unemployment rate is more than double the overall national rate of 9.5 percent.
(Above, teens at a job fair in Hampton Bays in May.)
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