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Job Market Lags As Views On Economy

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The economy might be recovering, but the job market is not. And among other things, it’s putting a squeeze on high school kids who find themselves competing with young adults for entry level jobs. The U.S. Labor Department says the unemployment rate for 16 to 19-year-olds is around 25 percent – the highest in their lifetimes. And for many teens in Wisconsin, it couldn’t come at a worse time. Madison East High School senior Lindsey Edge said she felt obligated to get a job after her father was temporarily laid off last year. State labor analyst Eric Grosso says he believes young people are giving more of their paychecks to their family budgets, in addition to spending money at the mall or filling their gas tanks. Meanwhile, retailers are gearing up for the holiday season, and they’ll be looking for young seasonal workers. But until then, it’s a buyer’s market as employers have the leverage.

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