Will Teen Unemployment Doom Back-To-School, Holiday Seasons?

Posted on by Jim Tierney

Will a rapidly rising unemployment rate among teenagers negatively impact multichannel merchants as the all-important back-to-school and holiday seasons approach?

According to a July 20 article in the New York Post, the unemployment rate among teenagers reached a staggering 29% last month, compared to 27.8% the previous year.

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