Most of us know someone who has been affected by the unemployment crisis, especially if you have teenagers around the house. Summer jobs have gotten very scarce recently. The city of Chicago, for one, has already announced that its city-sponsored jobs for youth will be down 22 percent from last year.
And last year had already been incredibly bleak. According to the outplacement firm Challenger, Gray and Christmas, last summer, American teens filled 960,000 jobs - the lowest figure since 1949. That number was down 17.5 percent from 2009, when 1.163 million teenagers found summer jobs. As recently as 2006, 1.7 million teens had summer jobs.
Part of the problem is that there are older workers still hungry to take the sorts of jobs that had traditionally gone to teens. Home Depot is planning to hire 60,000 extra summer workers - but many of those will end up being older unemployed workers.
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