Teens Suffer in So-Called Rebounding Economy

Memorial Day traditionally marks the first day of summer, a time of year when millions of teenagers temporarily join the job market. However, a new study by the Center for Labor Market Studies at Northeastern University in Boston, predicts that only 37 percent of young people looking for work will find it. The problem is that the market is overly crowded with unemployed professionals, some of whom have taken the menial, low-paying jobs once reserved for students. Comments Michelle Forker, senior vice president of Monster Campus: "We've found it's a fairly dismal summer for students, and part of that is because jobs have declined as out-of-work professionals and college grads look for summer jobs while they're looking for something else,"

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