Only 25 percent of American teens have summer jobs, the lowest percentage on record. Why? Are they lazy?

My teenage summer jobs were typical: lousy and formative. One summer, I scooped ice cream by a dock for $5 an hour plus tips. The next, I bagged groceries, with an August promotion to check-out and the privilege of moistening the leafy vegetables with a spray bottle. These jobs were monotonous and ill-paid but also instructive for my obnoxious, eye-rolling, teenage self. Codes need to be memorized. Uniforms need to be worn. Bosses need to be heeded. I learned those lessons, and I remember them today.

But fewer and fewer American teenagers are having such early working experiences. From the 1950s through the 1990s, between 45 and 60 percent of teenagers had summer jobs, with the numbers ebbing and flowing with the business cycle. Today, just one in four American teens has a summer job. Indeed, over the past decade, summer employment among people ages 16 to 19 has plummeted to the lowest level since the government started keeping tabs after World War II. Why? And what are today’s teens doing instead? (more…)

Older Americans will make up virtually all of the growth in the U.S. work force in the coming years as a nearly unprecedented number hold onto jobs and younger people decide to stay in school.

The study by the Pew Research Center, an independent research group, highlights a rapidly graying labor market due to longer life spans, an aging baby boomer population and a souring economy that has made it harder to retire.

Pew’s survey and analysis of government data, found the share of Americans ages 55 and older who have or were seeking a job rose to 40 percent this year, the highest level since 1961. In contrast, people 16 to 24 who were active in the labor market decreased to 57 percent, down from 66 percent in 2000. (more…)