02.26.09 | Economic Woes Shine Light on Scholarships
Teens are feeling the economic pinch just like the rest of us, which makes scholarships a necessity and not just a luxury for many looking to go to school. Summer jobs, seasonal retail help, after school employment, and temp work are near impossible to find these days. No one seems to be hiring.
Since June alone the unemployment rate has jumped from 5.6% to 7.6% leaving millions of Americans out of work. You need to go back nearly seventeen years to September of 1992 before you can find comparable unemployment numbers.
One of the main problems facing teens in getting a job is the competition. They are no longer going head to head with their peers. Teens are competing for the same jobs as workers in their late 20’s, which generally have more work experience and offer more value to an organization. It is tough times for all, and no age group is exempt from the impact. A rising tide may raise all ships, but a tidal wave can leave you shipwrecked.
Until that tide rises again I suggest entering every free scholarship drawing you can find. Divide and conquer. Two big giveaways are on the horizon. Freecollegescholarships.net is offering a 10K giveaway on 3/25 and scholarshippoints.com is holding their first big 10K drawing of 2009 on 3/31.
For those of you who are already scholarshippoints.com members here is a special 10-point code for you, ILOVE10K.
What do you guys think? Do you agree about the job market? Have you been let go from a job, or know the seasonal employment you are accustomed to will not be available this year?
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