Teenagers in the US have been filling the void left by adults who still haven't returned to work since the pandemic started.
Some are being promoted to general managers, earning a $50,000 salary, demanding weekends off and tuition reimbursement ft.com/content/ee8db3…
Teens accounted for 36% of new hires in June, compared to an average of 10% during the same period from 2017 to 2019, according to an analysis by the small business payroll provider Gusto ft.com/content/ee8db3…
But not all teenagers have equally benefited from the trend. Young people of colour still have a relatively high unemployment rate compared with white teens ft.com/content/ee8db3…
Why are some adults not returning to the workforce?
👉Ongoing fears of the Covid-19 crisis
👉Lack of childcare
👉Temporary expansion of unemployment insurance
ft.com/content/ee8db3…
Those who are willing to return to work are leveraging the competition to demand higher wages and better working conditions.
Companies that traditionally shied away from hiring minors because of state laws are starting to embrace them ft.com/content/ee8db3…
For those who have cashed in, their windfall may be limited. Adult workers are expected to re-enter the labour force en masse in September as expanded unemployment benefits expire and in-person schooling resumes ft.com/content/ee8db3…
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