News
Bloomberg | Summer Job Outlook Sunnier for Teens as U.S. Market Mends
Teen hiring posted the biggest gain in eight years this May, not counting for seasonal adjustments. If the nascent job recovery retains steam through the summer, it could bolster wallets and resumes for U.S. youth.
Econ Comments & Analysis
Investors | Obama's Economy: Where Did All The Young Workers Go?
The percentage of adult Americans who are working or looking for work now stands at 62.8%, a 36-year low and down more than 3 percentage points since late 2007, according to the Labor Department's May employment report.
Blogs
WSJ | Being Out of Work Longer Makes Finding Work Much Harder
In 2012, economist Rand Ghayad sent out about 3,500 applications for 600 real job openings across the country using fictional resumes. Mr. Ghayad’s made-up workers varied in two key dimensions: employment status and work experience. More specifically, some of the fictional resumes showed the applicant was currently employed, while others listed unemployment spells ranging from one month to 12 months. On the experience front, some applicants listed experience that closely matched that being sought by the prospective employer; others had no relevant experience.
