There’s a Reason Your Teen is Sitting on the Couch This Summer

Listen to Matt Sargent, our vice president of retail, speak with NPR Marketplace about the decline of malls and the evolving teenage job market.

In recent years, malls have been having a tough time. In around a decade, it is estimated that one in six malls will close. With malls folding and brick-and-mortar retailers shutting their doors in favor of their online stores, the typical rite-of-passage teen job is falling by the wayside. So what does this mean for teenagers who are looking for their first work experience?

Marketplace Weekend’s Lizzie O’Leary spoke with Matt Sargent, vice president of retail for the consulting firm Magid, to find out. Plus, we hear from one teen trying to balance school and her first job.

Listen in at NPR Marketplace