Family fortunes & Teenage employment

NYT: A recent study by the Center for Labor Market Studies at Northeastern University showed that teenage employment from 2005 to 2007 rose with household incomes that go up to $150,000 a year: 14 percent of teenagers from families earning less than $20,000 a year work, as do 26 percent of those whose families make $60,000, 32 percent of those earning $80,000 and 33 percent of those between $120,000 and $150,000.

Over $150,000, it drops to 28 percent. “Research shows that the bigger allowance you get from Mom and Dad,” explained Andrew M. Sum, director of Northeastern’s center, “the less likely you are to work.”