By Rob Chrisman
Posted To: Pipeline Press
A new JPMorgan Chase report indicates that summer jobs for young adults have significantly declined . Less than half of young people (46%) who applied for summer employment were enrolled in 2014 and it’s projected that tens of thousands of low-income youths looking for employment in the major 14 U.S. cities surveyed will come up short in the approaching summer months. In JP Morgan Chase’s “Building Skills through Summer Jobs: Lessons from the Field” report, there has been a 40% decline in summer youth employment over the past year and only 26% of this age group held a paying job in 2011. This employment deficiency particularly impacts economically disadvantaged youth. In the summer of 2013, low-income teens (family income less than $20,000), were 20% less likely to be employed than high-income…(read more)
Via:: MI Update; Eminent Domain Info; MBA Wants You to Write to CFPB re: Rate Checker
