TLDR Tech / Fintech
US teens face toughest summer job market in 78 years
American teenagers are heading into what could become the weakest seasonal hiring period since federal tracking began in 1948, as inflation and higher fuel costs squeeze the small businesses, restaurants, and leisure operators that traditionally employ young workers. Employers in entertainment and leisure plan to hire 70% fewer workers than last year, while total teen summer jobs are projected to fall to 790,000, continuing a sharp decline from recent years.
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