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According to a report from the Labor Department, the American youth unemployment rate it is the lowest it has been since July of 1966 at 9.1%. <a href="https://www.wsj.com/articles/summer-youth-unemployment-rate-falls-to-half-century-low-11565975335?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-summer-youth-unemployment-rate-falls-to-half-century-low-2710806" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">The Wall Street Journal</a> reported that the labor market for young people seeking work is shifting, as more young people are looking to acquire real-world skills rather than easy cash.&nbsp;

Economists believe that the shift to a knowledge-based economy has driven high school students to pursue internships and taking summer courses in lieu of mowing lawns or slinging burgers.&nbsp;

Jesse Rothstein, an economist at the University of California, Berkeley stated, &ldquo;We have a pretty strong labor market right now...most people who are looking for work are able to find it.

Among employers seeking young talent is fast casual concept <a href="https://www.mooyahfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-summer-youth-unemployment-rate-falls-to-half-century-low-2710806" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">MOOYAH Burgers, Fries and Shakes.</a> Tony Darden, the franchise&rsquo;s chief operating officer said the brand is actively seeking quality employees from the youth labor force. &ldquo;We&rsquo;re no longer in a situation where we can sit back and wait on applications coming in from people who want to work for us,&rdquo; said Darden. &ldquo;It&rsquo;s a war for talent.&rdquo; 
Read the full story <a href="https://www.wsj.com/articles/summer-youth-unemployment-rate-falls-to-half-century-low-11565975335?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-summer-youth-unemployment-rate-falls-to-half-century-low-2710806" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here. </a>

The Wall Street Journal: Summer Youth Unemployment Rate Falls to Half-Century Low

1851 Franchise

Summer youth unemployment rates are facing a downturn and employers like the fast casual chain MOOYAH are eager to find and hire young talent. 

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