Terrell Wright
speaker
63 appearances
1 recordings
1 series
first heard Jul 2024
last heard Jul 2024
Terrell Wright’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Teens Want Friends, More Than Money, From Their Jobs · 15 Jul 2024
podcast
These are all places where teens historically have thrived in the job market.
This is a prime opportunity for them.
The restaurant owner in New Hampshire said that the balance of power is actually held in teens.
If he doesn't call them right away, they have a job somewhere else at the local grocery store, stocking shelves or at the restaurants.
How has that affected their hourly wages?
What we've seen is that hourly wages have gone up for teens.
In Texas, the minimum wage is $7.25 per hour.
None of these teens are making that.
Anywhere from as rural as in Anthony, Texas to the Houston suburbs, teens are making more than that.
They're making $10 an hour.
They're making $11 an hour.
In Connecticut, where the minimum wage is $15.69, teens are making that plus tips.
So it's actually closer to $20 an hour.
So hiring managers have to cultivate an environment that is teen friendly now.
They need to have an environment where teens can feel comfortable working.
In Mystic, Connecticut, an ice cream shop owner allows his teens to continue working in hours where, you know, there isn't much business.
So they're able to socialize and have fun with each other.
That way, knowing when business picks right back up, they'll be back to work.
No, it's not all about friends.
I talked to Ethan Arden, a teen in Texas, who said that the pandemic greatly impacted his social skills and his mental health.
Showing 41–60 of 63 · page 3 of 4
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