Market Watch | by Jillian Berman
It seems relatively rare these days to encounter a teenager who spends his or her summer or after-school hours busing tables or working a cash register. And while many have blamed increasing interest in internships or declining work ethic among today’s young people for this trend, a new report points to a different culprit: A dramatic shift in the way employers screen entry-level applicants.
Unemployment among teenagers aged 16 to 19 years was 13.6% in August 2017, up from 13.2% the previous month, but down from 15.6% a year earlier, according to the Bureau of Labor Statistics. That compares to an overall unemployment rate of 4.4% in August 2017.