Job outlook for teenagers worsens, By Mickey Meece, May 31, 2010, New York Times: “This year is shaping up to be even worse than last for the millions of high school and college students looking for summer jobs. State and local governments, traditionally among the biggest seasonal employers, are knee-deep in budget woes, and the stimulus money that helped cushion some government job programs last summer is running out. Private employers are also reluctant to hire until the economy shows more solid signs of recovery. So expect fewer lifeguards on duty at public beaches this summer in California, fewer workers at some Massachusetts state parks and camping grounds and taller grass outside state buildings in Kentucky. Students seeking summer jobs, generally 16 to 24 years old, are at the end of the job line, behind the jobless baby boomers who are competing with new college graduates who, in turn, are trying to elbow out undergraduates and high school students…”
Day: June 2, 2010
US Metro Unemployment Rates
Unemployment drops in 90 pct. of metro areas, By Christopher S. Rugaber (AP), June 2, 2010, San Francisco Chronicle: “Unemployment rates fell in April for more than 90 percent of the nation’s 372 largest metro areas as hiring picked up around the country. The Labor Department says the jobless rate dropped in 346 areas last month. It rose in only 12 and remained flat in 14. That’s much better than March, when unemployment fell in 257 areas and rose in 89. Much of the improvement was seen in Midwestern regions with significant manufacturing operations. Manufacturers, who added 44,000 jobs nationwide in April, are benefiting from increasing overseas sales and efforts by retailers and other U.S. companies to restock their warehouses…”
Consistent Poverty – Ireland
Consistent poverty more likely in lone parent homes, By Paul Cullen, June 2, 2010, Irish Times: “Lone Parent households are up to 10 times more likely to be living in consistent poverty than other households, according to a study presented to the Economic and Social Research Institute (ESRI) today. Exclusion from the labour market through unemployment, retirement or ill-health also greatly increases a person’s chances of ending up in poverty, the research by Chris Whelan of the UCD sociology department and Bertrand Maitre of the ESRI shows. Poverty levels among those excluded from the labour market are over 25 times higher than among those at work, they found. Being a lone parent greatly increases an Irish person’s chances of ending up in poverty but the same is not the case in other European countries. In Finland, for example, the odds of a lone parent being in poverty are only slightly higher than for the wider population…”