Are Old People Stealing Teens' Jobs?
SodaHead Living
2010/07/14 13:21:40
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Are you a teenager looking for a job? You might have to compete with Grandma.
Employees old enough to retire are outnumbering teens in the workplace for the first time since at least 1948, the New York Daily News reports.
The number of people aged 65 and older in the labor force averaged 6.6 million in the first half of this year. There are only 5.9 million workers between 16 and 19 in the labor force, according to the Labor Department.
Another eye-opening stat: There are now 1.13 older workers for every teen, compared with 0.5 a decade ago.
But you can't really blame Granny. The financial meltdown has forced seniors to stay in the workforce longer than they may have intended, Alicia Munnell, director of the Center for Retirement Research at Boston College, told the Daily News.
"Older workers need to replenish their 401(k) plans, so those who have jobs are clinging to them rather than retiring," she said.
Even if you want to work at McDonald's, the older folks may have dibs on your job. In food preparation and serving -- the top category for teens -- employment fell by 242,000 among 16- to 19-year-olds, while rising by 128,000 among those 55 and older from 2000 to 2009, the News reported.
Are Old People Stealing Teens' Jobs?
Employees old enough to retire are outnumbering teens in the workplace for the first time since at least 1948, the New York Daily News reports.
The number of people aged 65 and older in the labor force averaged 6.6 million in the first half of this year. There are only 5.9 million workers between 16 and 19 in the labor force, according to the Labor Department.
Another eye-opening stat: There are now 1.13 older workers for every teen, compared with 0.5 a decade ago.
But you can't really blame Granny. The financial meltdown has forced seniors to stay in the workforce longer than they may have intended, Alicia Munnell, director of the Center for Retirement Research at Boston College, told the Daily News.
"Older workers need to replenish their 401(k) plans, so those who have jobs are clinging to them rather than retiring," she said.
Even if you want to work at McDonald's, the older folks may have dibs on your job. In food preparation and serving -- the top category for teens -- employment fell by 242,000 among 16- to 19-year-olds, while rising by 128,000 among those 55 and older from 2000 to 2009, the News reported.
Are Old People Stealing Teens' Jobs?
Read More: http://www.nydailynews.com/money/2010/07/14/2010-0...
Employers are essentially taking away valuable life experiences from teenagers that could help them to "man-up" and become more responsible. Also, all parents do not pay for their children because they have the same mob mentality of this thread (go get a job and make yourself useful); it's a catch 22.
Everyone knows that both groups need jobs but by hiring the elderly in place of a teen we could be looking down the throat of a never-ending bad economy full of people who grew up not having jobs at all.
How are they ever supposed to learn responsibility if no one gives it to them? If living with mommy and daddy is so simple, why won't the elderly ask for help from the children they raised. Their children owe it to them and then the focus could be shifted towards taking care of their parents rather than the upcoming generation.
Teens today are the first generation that is less educated than their parents, overall. Maybe if they would at least complete high school they would have better chances.
Employers have a right, and obligation to the shareholders, to hire the best available help.
Besides Older people are the best teachers.
Go old people!
The teen market is a very important marketplace. Teens are more likely to place the money earned back into the economy. Teens need the experience and resume backing more than the elderly. More and more teens are living on their own, and not by choice. The economy is forcing a lot of teens to work before they want to and before they should have to. Their is virtually no support for a teenager in the situation that finds himself on the streets. Teens typically dont own homes and don't have a social security or retirement check coming in.
Most elderly work out of pride, not necessity. Is pride more important than our children's futures?