Ben Casselman's avatar

Ben Casselman

@bencasselman.bsky.social

Those "teen summer jobs are back!" stories have something to them: 37.3% of 16-19 year-olds were employed in June, the highest June employment rate since 2007.

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Ben Casselman's avatar Ben Casselman @bencasselman.bsky.social
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The payroll revisions have been pretty consistently negative lately, which is unusual outside a recession. But worth noting that the revisions have not been unusually large -- nothing at all like the big downward revisions we saw in the 2008-9 recession.

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Becca's Mullet's avatar Becca's Mullet @beccasmullet.bsky.social
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The labor shortage is real, people.

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Pyrholidon Enthusiast ( ͡° ͜ʖ ͡°) 's avatar Pyrholidon Enthusiast ( ͡° ͜ʖ ͡°) @pyrholidon.bsky.social
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I suspect it has something to do with states getting rid of legal protections for teenagers.

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