Youth Unemployment/Minimum Wage
#1
Youth Unemployment/Minimum Wage
Some links to the BLS database. Nothing below proves that minimum wage laws are hurting unskilled, young, entry-level workers but it would be difficult to argue that they are helping.
http://bls.gov/web/empsit/cpseea09.pdf
The link above is a BLS spreadsheet. The series runs for the last 13 months and is seasonally adjusted. Notice that the top line is total unemployed and has, with some monthly variations, come down by about a million. The 16-19 year old line (directly below the first entry) has varied as well, but there is no downward trend--3/12 is actually a higher number than is 3/11.
http://www.bls.gov/news.release/pdf/youth.pdf
The link above is a BLS analysis of youth unemployment from 8/2011. Here is the opening of the analysis:
WW
http://bls.gov/web/empsit/cpseea09.pdf
The link above is a BLS spreadsheet. The series runs for the last 13 months and is seasonally adjusted. Notice that the top line is total unemployed and has, with some monthly variations, come down by about a million. The 16-19 year old line (directly below the first entry) has varied as well, but there is no downward trend--3/12 is actually a higher number than is 3/11.
http://www.bls.gov/news.release/pdf/youth.pdf
The link above is a BLS analysis of youth unemployment from 8/2011. Here is the opening of the analysis:
From April to July 2011, the number of employed youth 16 to 24 years old rose by 1.7 million to 18.6 million, the U.S. Bureau of Labor Statistics reported today. This year, the share of young people who were employed in July was 48.8 percent, the lowest July rate on record for the series, which began in 1948.
To the extent that there has been a recovery in employment in the US economy, it appears that young people have largely been left behind. If someone has a case to be made for factors other than minimum wage I'd be interested in hearing it.WW
#2
Gets Weekends Off
Joined APC: May 2006
Position: Jet Pilot
Posts: 797
From April to July 2011, the number of employed youth 16 to 24 years old rose by 1.7 million to 18.6 million, the U.S. Bureau of Labor Statistics reported today. This year, the share of young people who were employed in July was 48.8 percent, the lowest July rate on record for the series, which began in 1948.
To the extent that there has been a recovery in employment in the US economy, it appears that young people have largely been left behind. If someone has a case to be made for factors other than minimum wage I'd be interested in hearing it.
To the extent that there has been a recovery in employment in the US economy, it appears that young people have largely been left behind. If someone has a case to be made for factors other than minimum wage I'd be interested in hearing it.
#3
Even the ones looking for a job sometimes act like they are going to be required to stick with it for a few years. WAY TOO PICKY in my opinion and satisfied with sitting at home rather than take it, make some money, and keep looking for that better job.
USMCFLYR
#4
Unfortunately, there are many teenagers who feel a minimum wage job is beneath them. They'd rather sit on their asses complaining about being poor, than get a job and make some money. Once again, blame the parents who hand out cash like it's candy, taking away any incentive to gain a little independence and experience in the work force.
#5
Gets Weekends Off
Joined APC: May 2006
Position: Jet Pilot
Posts: 797
Unfortunately, there are many teenagers who feel a minimum wage job is beneath them. They'd rather sit on their asses complaining about being poor, than get a job and make some money. Once again, blame the parents who hand out cash like it's candy, taking away any incentive to gain a little independence and experience in the work force.
#6
I never really thought about allowance like that - and it didn't have that affect on me with the welfare mentality - but I see where you are going with the idea.
USMCFLYR
#7
Gets Weekends Off
Joined APC: May 2006
Position: Jet Pilot
Posts: 797
And I echo your sentiments here too Lab Rat - except be careful, because chores are also part of being a responsible party to household duties I believe. Payment for chores ought to be above and beyond those required for 'good order and discipline' (to use an old familiar phrase )
I never really thought about allowance like that - and it didn't have that affect on me with the welfare mentality - but I see where you are going with the idea.
USMCFLYR
I never really thought about allowance like that - and it didn't have that affect on me with the welfare mentality - but I see where you are going with the idea.
USMCFLYR
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