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Unemployment among younger and older individuals: does conventional data about unemployment tell us the whole story?

Author

Listed:
  • Hila Axelrad

    (Boston College
    Tel Aviv University)

  • Miki Malul

    (Ben-Gurion University of the Negev)

  • Israel Luski

    (The Western Galilee College)

Abstract

In this research we show that workers aged 30–44 were significantly more likely than those aged 45–59 to find a job a year after being unemployed. The main contribution is demonstrating empirically that since older workers’ difficulties are related to their age, while for younger individuals the difficulties are more related to the business cycle, policy makers must devise different programs to address unemployment among young and older individuals. The solution to youth unemployment is the creation of more jobs, and combining differential minimum wage levels and earned income tax credits might improve the rate of employment for older individuals.

Suggested Citation

  • Hila Axelrad & Miki Malul & Israel Luski, 2018. "Unemployment among younger and older individuals: does conventional data about unemployment tell us the whole story?," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 52(1), pages 1-12, December.
    • Handle: RePEc:spr:jlabrs:v:52:y:2018:i:1:d:10.1186_s12651-018-0237-9
    DOI: 10.1186/s12651-018-0237-9
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    References listed on IDEAS

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    More about this item

    Keywords

    Unemployment; Employment; Aging; Older workers; OECD;
    All these keywords.

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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