5/19/2022 2:36:06 PM
Labor Market Information Assistant Director Oriane Casale
Many employers need teen employees more than ever as they face historically tight labor market conditions heading into summer. But with teen unemployment near a record low, employers may need to take their recruitment, hiring and retention efforts to the next level to attract the teen talent they need.
As of April 2022, the youth unemployment rate in Minnesota, based on a 12-month moving average, was 6.5%, one of the lowest on record dating back to when such data first started being tracked in 2001. Not only is teen unemployment low but the share of teens who are employed is among the highest we’ve seen since early 2008, just under 50%.
The teen labor force participation rate, although on the rise, is not yet breaking any records. At 52% in April 2022 (12-month moving average), it was in the same range it had been in 2017 and 2018 when it hit its peak after the Great Recession. This could mean that there is still some capacity to draw more teens into the labor force – and that could be good news for employers looking to hire teens.
As employers continue to build back to pre-pandemic employment levels, teens are likely to continue to be in high demand in the industry sectors that traditionally hire many teens, including Accommodations & Food Services, Art, Entertainment & Recreation and Retail Trade, as well as other sectors of the economy facing worker shortages including Health Care & Social Assistance, Transportation & Warehousing and Construction. Based on the best available data, DEED forecasts that jobs in Minnesota will expand by 62,000 between third quarter 2021 and third quarter 2022, with 23% of that expansion in the industries in which youth are most likely to work.
Teens can be extremely reliable, flexible workers who are quick to learn new skills. As a result, many employers value them highly as workers. But beyond meeting immediate staffing needs, employers should also think of summer hiring as an opportunity to build their workforce pipeline. Helping teens see your industry as a viable career option can help you in the long run. Offering summer internships, apprenticeships, or on-the-job training opportunities to teens can help build a pipeline of workers for your industry and help you establish relationships that may further your business in the future. Getting in touch with local high schools is a good place to start the process.
Check out the entire article titled Youth Summer Employment Update: Many Opportunities for Young People Now in Minnesota Employment Review.
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