A state fair

🌞💼👩‍🍳 Teenage Kids Gonna Have Plenty Jobs Dis Summer, Brah!

Get ready, ’cause dis summer job market looking mighty strong for da teenagers, you know? Da amusement parks, restaurants, pools, and all da entertainment spots, dey gonna need plenty workers. Let me tell you all da scoop on how to find one job. 😉🎢🍔🏊‍♂️

Da economists say dat teenagers looking fo’ work can expect to find plenty jobs wit’ good pay dis summer. Da labor market stay booming dis year, and there’s a shortage of workers in da usual summer jobs dat teenagers take, like hospitality and leisure. Dis all points to good prospects, according to Paul Harrington, one labor economist from Rhode Island College. He and his team put out one annual forecast fo’ summer jobs fo’ teenagers. 🌟💪💰

Dey predict dat da percentage of 16- to 19-year-olds working dis season gonna go up to 33.6 percent, compared to 32.7 percent last year. So, da outlook stay strong even wit’ some worries ’bout da economy slowin’ down. Da labor market stay resilient, wit’ 339,000 jobs added in May, even as da unemployment rate went up to 3.7 percent from 3.4 percent in April. 📊📈👷‍♀️

But yeah, gotta mention da storm clouds hoverin’ over da summer outlook, yeah? Nick Bunker, da director of North American economic research at da job search website Indeed, he said, “Ho, no doubt dea’s some storm clouds rollin’ in.” Da Federal Reserve stay raisin’ interest rates fo’ keep inflation in check, and dat make people worried ’bout da possibility of one recession. 😧🌩️💼

Even wit’ dat, Mr. Bunker say da demand fo’ fillin’ summer positions stay strong. Alicia Sasser Modestino, one associate professor from Northeastern University in Boston, she agree. Although she say, “It might not be quite as gangbusters as last summer.” Da pandemic made it hard fo’ teenagers to find jobs in 2020, but summer employment bounced back strong da next year and stayed strong last summer too. 💪🌞📈

Teen summer wages stay goin’ up in recent years, even after accountin’ fo’ inflation, Mr. Harrington say. Last summer, da median hourly pay fo’ teenagers went up to $14 from $11.50 in 2019. In some parts of da country, pay fo’ certain jobs, especially lifeguards, stay shootin’ up. In New York City, da shortage of lifeguards make wages go above $20 an hour. Now, dat’s some good money, yeah? 💵💲💪

Restaurants, dey plannin’ to add 502,000 seasonal jobs dis summer, which is da strongest hirin’ picture since 2017, according to da National Restaurant Association. Dey didn’t give numbers fo’ da past three summers ’cause dey say da pandemic years no was “typical” hirin’ seasons. In May, da unemployment rate fo’ teenagers went up to 10.3 percent from 9.2 percent in April, but it no changed much from 10.5 percent last year, according to da Bureau of Labor Statistics. 🍔📈👨‍🍳

Da outplacement firm Challenger, Gray & Christmas say dey expect ova one million jobs gonna be created fo’ teenagers dis summer, little bit fewer than last year. But Andy Challenger, da senior vice president of da company, say young peeps already been workin’ at higher rates than before. In March, about 5.48 million workers ages 16 to 19 had jobs, da highest total since 2007 when 5.61 million teenagers was employed. Now, dat’s some impressive numbers, eh? 📊👨‍🎓💼

While da amusement parks, pools, restaurants, and oddah entertainment spots gonna need summer workers fo’ sure, da question is whether teenagers gonna take those jobs. Andy Challenger say, “Plenny teens who like workin’, dey already got jobs.” So, it’s somethin’ to tink ’bout, yeah? 🎡🌊🍔

But if you lookin’ fo’ summer work, no wait till late June fo’ start applyin’, yeah? Nick Bunker from Indeed say, “No can wait, brah!” Gotta jump on it early. ⏰💪📝

Now, let me answer some questions you might have ’bout teenagers and summer jobs:

I stay so busy durin’ da school year wit’ studies and activities. Why I gotta work in da summer? Plenny students gotta work durin’ da summer fo’ support themselves and their families or save fo’ college. But even if it’s just fo’ extra spendin’ money, da benefits of havin’ a summer job go beyond da cash, yeah? Amy Carney, one maddah of six and da author of “Parent on Purpose,” she say teenagers become stronger through da uncomfortable and inconvenient experiences dat come wit’ workin’ at local restaurants, grocery stores, or oddah service industry jobs. 💪🛒💼

Isaac Hertenstein, one 17-year-old from Greencastle, Ind., and one risin’ senior, he started one nonprofit organization dat recruit student volunteers to teach money skills to younger students. He agree ’bout da importance of summer jobs. He say, “Dis one big financial literacy lesson fo’ teenagers.” He say summer jobs teach ’em da basics like showin’ up on time and da value of money. He say, “It’s one big difference if your parents give you $10 fo’ lunch with friends or if it’s money you actually worked for.” He plannin’ to work as one landscaper fo’ save money fo’ college and also gain experience as one research assistant in consumer science at one university. Now, dat’s some ambition right dea! 💼👨‍🌾📚

Tim Ranzetta, one founder from Next Gen Personal Finance, one nonprofit dat make money management lessons fo’ schools, he say he worked as one golf caddie durin’ summers. Dat job helped him pay fo’ college and spend long hours wit’ golfers who shared insights ’bout da business world. He compare summer work to one financial “boot camp,” where teenagers learn skills like creatin’ job applications, navigatin’ tax forms, openin’ bank accounts, and arrangin’ direct deposits of paychecks. Now, dat’s some valuable knowledge, yeah? ⛳💼💰

How I can improve my chances of findin’ summer work? Alicia Sasser Modestino, one professor from Northeastern University, she say you gotta apply to multiple jobs. She say young peeps can be “wildly optimistic” ’bout their chances of gettin’ hired. Just ’cause you submitted one application, no mean you gonna get one job offer. Apply to plenny jobs, and you might end up wit’ multiple offers, givin’ you da choice of higher pay or flexible schedules. Also, ask da people you know if dey know ’bout any job openings. And no dismiss jobs dat might not seem directly related to your career interests. Aadi Gujral, one 17-year-old risin’ senior from Danville, Calif., he created one money skills app fo’ young peeps. He interested in workin’ in finance, but he also worked pickin’ blueberries on his uncle’s farm. He say, “It exposes you to da real world. And when you earnin’ your own money, you quickly realize da importance of every dollar.” Wise words, my friend! 💼🌱🍓💵

Can teenagers put their summer earnings in one retirement account? Oh, you bet! Summer work can teach teenagers da importance of savin’, not just fo’ short-term purchases, but also fo’ long-term security. John Lanza, da author of “The Art of Allowance,” one book ’bout teachin’ children ’bout money, he say it open up important conversations. Teenagers wit’ earned income can contribute to one special retirement account called a Roth Individual Retirement Account (IRA). Even puttin’ away small amounts of money can start dem on da path to long-term savin’. Parents might even consider matchin’ da contributions as one incentive. Da money put into one Roth IRA no get tax deductions like money put into one traditional IRA, but most teenagers no make enough money to owe much income tax, so da deductions no help ’em much anyway. Da money invested in one Roth IRA grow tax-free, and you can withdraw it tax-free as long as you follow da rules. Now dat’s one smart move fo’ da future! 💰🏦💼

So, teenagers, get ready fo’ some summer jobs! Da market lookin’ good, and you got plenty opportunities fo’ good pay and valuable experiences. Apply early, be persistent, and make da most of your summer work. Good luck, my friends! 🌞💪👷‍♀️📝


NOW IN ENGLISH

🌞💼👩‍🍳 Teenagers Can Expect a Strong Summer Job Market, Brah!

Get ready, because this summer job market is looking mighty strong for the teenagers, you know? The amusement parks, restaurants, pools, and all the entertainment spots, they’re gonna need plenty of workers. Let me tell you all the scoop on how to find a job. 😉🎢🍔🏊‍♂️

The economists say that teenagers looking for work can expect to find plenty of jobs with good pay this summer. The labor market is booming this year, and there’s a shortage of workers in the usual summer jobs that teenagers take, like hospitality and leisure. This all points to good prospects, according to Paul Harrington, a labor economist from Rhode Island College. He and his team put out an annual forecast for summer jobs for teenagers. 🌟💪💰

They predict that the percentage of 16- to 19-year-olds working this season is gonna go up to 33.6 percent, compared to 32.7 percent last year. So, the outlook is strong even with some worries about the economy slowing down. The labor market is resilient, with 339,000 jobs added in May, even as the unemployment rate went up to 3.7 percent from 3.4 percent in April. 📊📈👷‍♀️

But yeah, we gotta mention the storm clouds hovering over the summer outlook, yeah? Nick Bunker, the director of North American economic research at the job search website Indeed, he said, “Ho, no doubt there are some storm clouds rolling in.” The Federal Reserve is raising interest rates to keep inflation in check, and that makes people worried about the possibility of a recession. 😧🌩️💼

Even with that, Mr. Bunker says the demand for filling summer positions is strong. Alicia Sasser Modestino, an associate professor from Northeastern University in Boston, she agrees. Although she says, “It might not be quite as gangbusters as last summer.” The pandemic made it hard for teenagers to find jobs in 2020, but summer employment bounced back strong the next year and stayed strong last summer too. 💪🌞📈

Teen summer wages have been going up in recent years, even after accounting for inflation, Mr. Harrington says. Last summer, the median hourly pay for teenagers went up to $14 from $11.50 in 2019. In some parts of the country, pay for certain jobs, especially lifeguards, has shot up. In New York City, the shortage of lifeguards has made wages go above $20 an hour. Now, that’s some good money, yeah? 💵💲💪

Restaurants are planning to add 502,000 seasonal jobs this summer, which is the strongest hiring picture since 2017, according to the National Restaurant Association. They didn’t give numbers for the past three summers because they say the pandemic years were “not typical” hiring seasons. In May, the unemployment rate for teenagers went up to 10.3 percent from 9.2 percent in April, but it didn’t change much from 10.5 percent last year, according to the Bureau of Labor Statistics. 🍔📈👨‍🍳

The outplacement firm Challenger, Gray & Christmas says they expect over one million jobs to be created for teenagers this summer, slightly fewer than last year. But Andy Challenger, the senior vice president of the company, says young people have already been working at higher rates than before. In March, about 5.48 million workers ages 16 to 19 had jobs, the highest total since 2007 when 5.61 million teenagers were employed. Now, that’s some impressive numbers, eh? 📊👨‍🎓💼

While the amusement parks, pools, restaurants, and other entertainment spots are certainly gonna need summer workers, the question is whether teenagers are gonna take those jobs. Andy Challenger says, “Plenty of teens who like working, they already got jobs.” So, it’s something to think about, yeah? 🎡🌊🍔

But if you’re looking for summer work, don’t wait till late June to start applying, yeah? Nick Bunker from Indeed says, “No can wait, brah!” You gotta jump on it early. ⏰💪📝

Now, let me answer some questions you might have about teenagers and summer jobs:

I’m swamped with studies and activities during the school year. Why should I work in the summer? Many students have to work in the summer to support themselves and their families or save for college. But even if it’s just for extra spending money, the benefits of having a summer job go beyond the cash, yeah? Amy Carney, a mother of six and the author of “Parent on Purpose,” she says teenagers become stronger through the uncomfortable and inconvenient experiences that come with working at local restaurants, grocery stores, or other service industry jobs. 💪🛒💼

Isaac Hertenstein, a 17-year-old from Greencastle, Ind., and a rising senior, he started a nonprofit organization that recruits student volunteers to teach money skills to younger students. He agrees about the importance of summer jobs. He says, “It’s the ultimate financial literacy lesson for teenagers.” He says summer jobs teach them the basics like showing up on time and the value of money. He says, “It’s a big difference if your parents give you $10 for lunch with friends or if it’s money you actually worked for.” He’s planning to work as a landscaper to save money for college and also gain experience as a research assistant in consumer science at a university. Now, that’s some ambition right there! 💼👨‍🌾📚

Tim Ranzetta, a founder of Next Gen Personal Finance, a nonprofit that makes money management lessons for schools, he says he worked as a golf caddie during summers. That job helped him pay for college and spend long hours with golfers who shared insights about the business world. He compares summer work to a financial “boot camp,” where teenagers learn skills like creating job applications, navigating tax forms, opening bank accounts, and arranging direct deposits of paychecks. Now, that’s some valuable knowledge, yeah? ⛳💼💰

How can I improve my chances of finding summer work? Alicia Sasser Modestino, a professor from Northeastern University, she says you gotta apply to multiple jobs. She says young people can be “wildly optimistic” about their chances of getting hired. Just because you submitted one application, it doesn’t mean you’re gonna get one job offer. Apply to plenty of jobs, and you might end up with multiple offers, giving you the choice of higher pay or flexible schedules. Also, ask the people you know if they know about any job openings. And don’t dismiss jobs that might not seem directly related to your career interests. Aadi Gujral, a 17-year-old rising senior from Danville, Calif., he created a money skills app for young people. He’s interested in working in finance, but he also worked picking blueberries on his uncle’s farm. He says, “It exposes you to the real world. And when you’re earning your own money, you quickly realize the importance of every dollar.” Wise words, my friend! 💼🌱🍓💵

Can teenagers put their summer earnings in a retirement account? Oh, you bet! Summer work can teach teenagers the importance of saving, not just for short-term purchases, but also for long-term security. John Lanza, the author of “The Art of Allowance,” a book about teaching children about money, he says it opens up important conversations. Teenagers with earned income can contribute to a special retirement account called a Roth Individual Retirement Account (IRA). Even putting away small amounts of money can start them on the path to long-term saving. Parents might even consider matching the contributions as an incentive. The money put into a Roth IRA doesn’t get tax deductions like money put into a traditional IRA, but most teenagers don’t make enough money to owe much income tax, so the deductions aren’t helpful to them anyway. The money invested in a Roth IRA grows tax-free, and you can withdraw it tax-free as long as you follow the rules. Now that’s a smart move for the future! 💰🏦💼

So, teenagers, get ready for some summer jobs! The market is looking good, and you’ve got plenty of opportunities for good pay and valuable experiences. Apply early, be persistent, and make the most of your summer work. Good luck, my friends! 🌞💪👷‍♀️📝

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