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posted on 22 July 2017

Teen Summer Job Gains Explode. Highest June Number Since 2007

from Challenger Gray and Christmas

Teen hiring exploded in June after a below-average May, as 1,023,000 workers aged 16 to 19 landed positions.

Employment among 16- to 19-year-olds was revised down in May to just 75,000. That is 51.9 percent lower than the 156,000 job gains in May 2016, and the lowest summer-month total since May 2011, when just 71,000 job gains were recorded. Challenger's analysis is based on non-seasonally adjusted data released earlier this month by the U.S. Bureau of Labor Statistics (BLS).

The June surge is 48 percent higher than the same month last year, when nearly 700,000 jobs were added, and 126 percent higher than the gains in May. It is the highest June total since 2007, when 1,114,000 jobs were gained among this cohort. Said John A. Challenger, Chief Executive Officer of Challenger, Gray & Christmas, Inc.:

June typically averages the most job gains of the summer months, with well over 700,000 jobs added on average since 2006, but these are some of the strongest numbers we've seen since the recovery.

If July numbers maintain an average pace of over 400,000 jobs added, this could be the highest year for teen summer employment since 2007. Challenger adds:

While May gains were lower than average this year, June's more than offset that pace. It seems the recent decline of brick-and-mortar retail locations has not subdued hiring among teens.

While teens are not holding jobs at the level they were prior to the recession in the early 2000s or the 1970s, this is primarily due to commitments in education and family life.

Challenger has tracked over 5,000 announced closures of retail locations since January 2017.

June's teen participation rate also ticked up to 42.4 percent, the highest monthly rate since 2009, when 45.9 percent of teens were employed. It is still far below the more than 50 percent of teens who held jobs in the 70s, 80s, and 90s.

SUMMER EMPLOYMENT GROWTH AMONG WORKERS AGED 16 TO 19

Year

May

June

July

Summer Jobs Gained

Change from Prior Year

2006

230,000

1,033,000

471,000

1,734,000

-0.10%

2007

62,000

1,114,000

459,000

1,635,000

-5.70%

2008

116,000

683,000

355,000

1,154,000

-29.40%

2009

111,000

698,000

354,000

1,163,000

0.80%

2010

6,000

497,000

457,000

960,000

-17.50%

2011

71,000

714,000

302,000

1,087,000

13.20%

2012

157,000

858,000

382,000

1,397,000

28.50%

2013

215,000

779,000

361,000

1,355,000

-3.00%

2014

217,000

661,000

419,000

1,297,000

-4.30%

2015

182,000

609,000

369,000

1,160,000

-10.60%

2016

156,000

691,000

492,000

1,339,000

15.40%

2017

75,000

1,023,000

?

?

AVERAGE

(Since 2006)

133,167

780,000

401,909

1,298,273

Source: Challenger, Gray & Christmas, Inc., with non-seasonally adjusted data from the U.S. Bureau of Labor Statistics

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