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140 Monthly Lab. Rev. 1 (2017)
Teen Labor Force Participation before and after the Great Recession and beyond

handle is hein.journals/month140 and id is 71 raw text is: 

MONTIIY ABOR



                                                                                   BLS
                                                                               February 2017


Teen labor force participation before and after the

Great Recession and beyond

Teen labor force participation has been on a long-term
downward trend, and the decline is expected to continue
to 2024, the latest year for which projections are available.
A number of factors are contributing to this trend: an
increased emphasis toward school and attending college
among teens, reflected in higher enrollment; more
summer school attendance; and more strenuous
coursework. Parental emphasis on the rewards of
education has contributed to the decline in teen labor
force participation. Tuition costs have continued to rise
dramatically as has borrowing to pay for college.
Taxpayers can qualify for tax credits to help defray tuition
costs. Teen earnings are low and pay little toward the
costs of college. In a teenager's 24-hour day except for  Teresa L. Morisi
sleeping, school activities take up the largest amount of  orisi.terieab1s.Qov
time. Teens who do in fact want jobs face competition
from older workers, young college graduates, and foreign-  Lf Ocpia isticsrand emlynt
born workers. This article examines labor force       Projections, U.S. Bureau of Labor Statistics.
participation trends for teens ages 16-19, using data from
the Current Population Survey The article also examines
labor force projections data from the Employment
ProPections program ther U.S. Bureau of Labor Statistics.

Teen labor force participation has been on a long-term downward trend. Since reaching a peak of 57.9 percent
in 1979, the rate fell to 52.0 percent in 2000, just prior to the 2001 recession. The rate then dropped rapidly
during and after the 2007-09 recession to reach 34.1 percent in 2011, and since then, it has stayed within a
narrow range. The latest projection of labor force participation from the U.S. Bureau of Labor Statistics (BLS)
points toward an even lower teen participation rate by 2024.

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