The amount of youth that were employed during the spring and summer of this year rose by 2.1 million when compared to the same period last year according to information from the U.S. Bureau of Labor Statistics. The number of people who are ages 16 to 24 and were employed between the period of April and July rose to 19.7 million, which is the largest amount in over three years based on information from government statistics. Spring and summer are considered to be the peak employment seasons for youth in the country. Many teens start seeking summer jobs at the beginning of April and then work through the end of summer.
Many would consider that the recovery of the economy is providing more opportunities for youth to be able to attain jobs. Even so, it can still be said that the actual job market is still very competitive and challenging to break into. A lot of young individuals are still competing with older individuals for jobs. This is because most employers prefer to hire someone who has a proven track record of experience in comparison to someone who is fresh out of school and may not have any experience at all with the responsibilities of the job.
Based on information from a report released on Tuesday, the youth labor force participate rate from last month is 17 percentage points below the peak rate of 77.5 percent during 1989. Many teens are currently working in leisure, hospitality, and traditional retail jobs. The leisure and hospitality industry has accounted for 26 percent of jobs that are held by youth. Retail jobs hold 19 percent.
The amount of youth that were unemployed last month has dropped slightly from the amount found in July 2012. It has fallen from 4 million to 3.8 million. The unemployment rate last month for the youth was 16.3%, which is more than double the U.S rate of 7.4 percent. Although these statistics seem to be giving mixed signals about the employment outlook for youth, there are many experts who are saying that the job market is starting to improve for those who are consistently taking the time to search for a job.
One of the key points for youth to keep in mind about attaining employment in this economy is that many of the jobs go to people who have previous experience. As a result, they may be able to create a head start for themselves and overcome their competition by getting involved in programs that will provide them with workplace experience while they are attending school. Some school programs focus on providing students with the experience that they need in order to ensure that jobs will be attainable during or after the pursuit of their education. Another option for youth to keep in mind is that it can be helpful to have some type of employment related to their ideal industry or career while they are in school. Even some of the smallest jobs can provide experience that can open new opportunities.