US teens are flooding back to the labor market this summer, hoping to pocket some extra cash as inflation surges across the country.
The participation rate for teens in the job market last month increased to 42.9%, the highest for any June since 2009, according to Challenger, Gray & Christmas Inc., a job-placement firm.
There’s usually a bump of hiring for teenagers over the summer months, with millions of students on break from school, but patterns were disrupted during the Covid-19 pandemic. The jump in participation is particularly good news for industries that have been struggling to fill posts as ...
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