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<oembed><version>1.0</version><provider_name>Employment Policies Institute</provider_name><provider_url>https://epionline.org</provider_url><author_name>epionline</author_name><author_url>https://epionline.org/author/epionline/</author_url><title>$600 Million in New Spending Not the Way to Create Teen Jobs - Employment Policies Institute</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://epionline.org/release/o240/"&gt;$600 Million in New Spending Not the Way to Create Teen Jobs&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://epionline.org/release/o240/embed/" width="600" height="338" title="&#x201C;$600 Million in New Spending Not the Way to Create Teen Jobs&#x201D; &#x2014; Employment Policies Institute" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>WASHINGTON &#x2013; Wednesday night, the House of Representatives passed the Disaster Relief and Summer Jobs Act of 2010 (H.R. 4899). The bill will send $600 million to states to create summer employment opportunities for teens.   Michael Saltsman, research fellow at the Employment Policies Institute, made the following statement regarding the legislation:   To create jobs for our country&#x2019;s 1.4 million out-of-work teens, Congress should reconsider laws that make it difficult for less-skilled applicants to find work in the first place.   Speaker Pelosi claims that $600 million in new government spending will support 300,000 summer jobs for out-of-work teens.   Yet, current research from Ball State University attributed the loss of 310,000 teenage part-time jobs to the Pelosi-supported minimum wage increase &#x2013; a 40 percent increase between July 2007 and July 2009.   Economic research from as far back as the 1940s shows that mandated wage hikes are job-killers, especially for teens getting started in the workforce.  Even the editorial board of The Washington Post &#x2013; which has supported past wage increases &#x2013; has recently suggested Congress could put teens back to work by rolling back the $7.25 federal minimum wage.   It doesn&#x2019;t cost $600 million to create jobs for teens. It only requires Congress to admit that the minimum wage hike shut the door on opportunities for many of America&#x2019;s youngest workers.</description></oembed>
