Teen Employment Remains Weak

Teens used to be a pillar of the labor pool for employers during the summer season. However, today’s Employment Situation report for July 2026 shows that teen employment has remained weak. Meanwhile, the overall labor market lost 23,000 jobs—well below economists’ expectations—and the unemployment rate fell to 4.1 percent. Additionally, May and June job growth was revised downward by a combined 103,000 jobs, and 264,000 workers left the labor market, playing a role in reducing the unemployment rate. Read Full Article »