Thursday, July 10, 2014

The Big Picture of the Summer Job
 It looks like summer jobs are harder to get than they used to be. It's not just the recession. That was 7 years ago.
So what explains the trend? Are kids today lazy? Do they feel unprepared? Is minimum wage pressure pushing the lowest skill workers off the bottom? Are students competing with China or adults (who are competing with China?) This is US data. Is it competition from low-skill immigration?

(Dec'14) Megan McArdle talks a little about the effect of raising the minimum wage and a lot about how to read a social science study.
The Curmudgeon (p.42-4,91-5) says you should look for a lousy summer job (that pays well), or at least a real one. Avoid internships or cushy jobs with impressive titles.

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