10% of children have part time job

Almost one in ten children earn more than £900 per year through part-time jobs, according to research.

Paper-rounds, car washing and household chores are all money spinners for under-18s, with 9% of children earning £17.93 a week on average - which adds up to £932.36 per year.

Halifax figures show 43% of working children had a paper round, 18% did shopwork and 16% washed cars, while 62% of children aged between eight and 15 picked up extra cash from their parents for tidying their bedrooms or washing up.

Children's work shows significant regional diversity, with 25% of kids in London having a job, working longer hours (8.19 compared with the national average of 5) but taking home the wage - about £30.33 per week.

Only 5% of children in the North East are likely to earn money through formal and informal work, although those that do have the highest average hourly rate at £5.09.

Those in the South East are the second best well-paid, picking up an average £4.84 per hour, but London's children pick up about £3.69. Parent and employers in Yorkshire and the Humber are the most stingy, paying children just £1.98 per hour on average.

Copyright © Press Association 2010
All articles are copyright The Press Association 2010. News articles provided by The Press Association for Family Investments. Whilst every care it taken to ensure accuracy of editorial content, Family Investments takes no responsibility for any errors or omissions. The views expressed in these articles are not necessarily those of Family Investments.

Encourage your children to understand money and help build up savings for their future click here.