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Chicago Cutting 4,000 Summer Jobs For Teens As Federal Money Dries Up

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js123
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Post by Quiethawk Thu Mar 17, 2011 7:04 pm

http://www.huffingtonpost.com/2011/03/17/chicago-cutting-summer-jobs_n_837080.html?ir=Business
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Post by js123 Thu Mar 17, 2011 7:19 pm

It is going to be rough times in Chicago, I wish I can move out of here soon.
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Post by Sunrise Thu Mar 17, 2011 7:22 pm

Just like the unemployed, their monies quickly goes back into the economy. It is a win-win investment!


Also, with young people being among the most active consumers (and
least likely to save), putting money in their pocket is generally seen
as a boon to the economy.






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Post by KeeptheFaith Thu Mar 17, 2011 7:47 pm

This is really sad....what are the kids going to do all summer.....these jobs keep them busy......and out of trouble.....Such a shame
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Post by new_wave_princess Fri Mar 18, 2011 12:48 am

*Shrugs* most of these kids are just the kids of connected people. I don't feel sorry because some teenager can't find a job. I worry about the adults who can't find a job.
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Post by Jen Fri Mar 18, 2011 11:51 am

Good Graph Friday: The kids need jobs

http://lifeinc.today.com/_news/2011/03/17/6290218-good-graph-friday-the-kids-need-jobs

Here’s what we know about summer jobs: The pay is low, the work can
be unrewarding and, all too often, there's an unflattering uniform
involved.
Oh, and they're really, really hard to find.The
unemployment rate for 16- to 19-year-olds is always higher than other
age groups, but things have been especially tough these last few years.
Nearly
one in four teens who want to work don't have a job, according to the
most recent data from the Bureau of Labor Statistics. Although the
unemployment rate for that age group has improved slightly in recent
months, it remains far above the overall unemployment rate of 8.9
percent.
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