Forget the Summer Job

I feel like this article addresses many issues that may contribute to the bad summer job market for teens, but fails to mention anything about the minimum wage, which I think is the real culprit.

There is a broad consensus among economists that the minimum wage is a form of price control and in fact leads to higher unemployment, especially among the least skilled (teens, immigrants) workers among us. The above article tells of the effects, but I don't gives the whole story.

Also, check out this letter from a business owner to his employees addressing the link between the minimum wage and their cutback in work hours.