Recipe for a good summer-job market: First, hire a lot of people in May. Second, give workers raises, and third, push down gasoline prices. Mix it all together — and pour out hope for teen workers.
"Having a job makes me feel really excited. I can put my own money in my pocket instead of asking my parents for money all the time," said José Moncada, a 16-year-old job seeker in New York City.
Moncada and other teens may have caught a break Friday when the economy followed that seasonal employment recipe precisely.