More teens are , USA Today reports. According to U.S. Labor Department statistics released July 6, only 48.8% of teens ages 16 to 19 were working or looking for work in June. That was down from 51.6% in June 2006 and below the 60.2% in the labor force in June 2000, reporter Barbara Hagenbaugh writes. The reasons for the downturn are varied, including more adult competition for jobs that once went to teens and more families saving for college鈥攚hich means students don鈥檛 have to earn as much cash to pay college tuition. In addition, one expert tells the newspaper that teens see the benefits of extra learning. 鈥淭he value of school is higher than it used to be,鈥� said Daniel Sullivan, senior economist at the Federal Reserve Bank of Chicago.
The Center for Labor Market Studies at Northeastern University has been tracking the decline in youth employment for several years. The center鈥檚 found that teens living in low-income families鈥攆amily income of less than $20,000 a year鈥攚ere the least likely to have summer jobs鈥攐nly 32 percent were working. By contrast, those in families with incomes between $75,000 and $100,000 were the most likely to hold jobs. Approximately 52 percent of those teens did have jobs.
But in her Working Parents blog on the BusinessWeek Web site, Cathy Arnst writes about the . The 鈥渕ost valuable鈥� lesson of her first summer job working as a waitress at a small-town diner: 鈥渉ow to be a responsible employee, a skill that I think can only be gained on the job,鈥� Arnst writes.
鈥淲ithout that first job, and all the other waitress jobs I held afterwards, I never would have been able to afford college, my ticket to a job in journalism鈥攁 career I really do value more than waiting tables,鈥� she concludes.
So, what do you think? Do teens need more time in the classroom, or do the benefits of a summer job exceed the paycheck?