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Posted July 09, 2013 by

Teen Summer Employment Strongest in 7 Years

John Challenger of Challenger, Gray & Christmas

John Challenger of Challenger, Gray & Christmas

Teen hiring got off to its strongest start in seven years in 2013, but heavy employment gains in May appear to have caused employers to pull back slightly in June.  However, with 994,000 16- to -19-year-olds finding seasonal positions so far this summer, it is still possible that teen hiring could outpace 2012, according to John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray & Christmas, Inc.

A Challenger analysis of just-released government employment data found that employers added 215,000 teenagers to their payrolls in May.  That is the largest number of teens hired in May since 2006, when employment among 16- to 19-year-olds expanded by 230,000 in the first month of the summer hiring season.  (more…)

Posted November 22, 2011 by

13% Take On Extra Work To Pay For Holiday Gifts

Santa working on laptopIf holiday shopping wasn’t enough to stress us out, try taking on additional workload in order to afford gifts. According to a November Persuadable Research survey, 29% have less money to spend than last year. Still, 60 percent plan to spend over $300 on gifts for friends, family and others. Where will this money come from besides regular employment? Thirteen percent will take on more work, 12 percent will sell something, 12 percent will use holiday bonus money.

It’s not easy to make ends meet for many Americans these days, but the holiday season is really important to many respondents. Over half, 56 percent, place high importance on the ability to give holiday gifts. Moreover, the chance to spend quality time with family and friends is exciting or extremely exciting to 43 percent of panelists. This excitement appears to be what fuels the need for people to take on extra work. Besides work, according to a variety of online sources, people might hold garage sales, sell things online, or even donate plasma to earn extra holiday cash. (more…)