May 31, 2021

Question of the Day: Which age group has seen the greatest increase in jobs in 2021?

Questions:

  • Do you plan on working this summer? Your friends?
  • Are jobs as plentiful for teenagers as this article suggests? What do you think are the factors causing this?
  • Are you finding that jobs that are available to teens are also paying more per hour than they were before the pandemic?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (NY Times; sub required):

As companies try to go from hardly staffed to fully staffed practically overnight, teens appear to be winning out more than any demographic group. The share of 16- to 19-year-olds who are working hasn’t been this high since 2008, before the unfolding global financial crisis sent employment plummeting. Roughly 256,000 teens in that age group gained employment in April — counting for the vast majority of newly employed people — a significant change after teenagers suffered sharp job losses at the beginning of the pandemic. Whether the trend can hold up will become clearer when jobs data for May is released on Friday.

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The first step in the job process is completing an application. Here's an NGPF Activity so your students get practice answering the questions most frequently found in an application. 

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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