Just 35% of 16- to 19-year-olds worked last summer, down from 54% in 2000, yet we know that teens who held part-time jobs realized 7% higher future earnings than their peers who did not work (link).
Rachel Greszler, Senior Research Fellow, Workforce and Public Finance, Roe Institute, joins us to discuss her recent appearance before Congress and her paper ‘Fewer Teens Are Working, Earning Money and Job Skills.’
Why is it important for more young adults to take entry-level jobs? What skills do they acquire that will help them later in life?