Fred Business News - Teenagers are finding jobs much harder to come by this summer, as employers trim payrolls amid a slumping economy.

According to an analysis of U.S. Bureau of Labor Statistics data by global outplacement consultant Challenger, Gray & Christmas, teen employment grew by only 683,000 jobs in June, 38.7% below the 1.1 million new positions that teens were able to fill in June of last year.

"This tells you how sparse and thin the job market is right now," said Challenger, Gray & Christmas Chief ...   more »