The Swedish Youth Labor Market in Boom and Depression
In: Youth Employment and Joblessness in Advanced Countries
AbstractThis paper is concerned with the labor market experience of Swedish youths during the 1980s and the 1990s. The first objective is to portray early economic attainment among young Swedes. The second objective of the paper is to examine the impact of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand for labor by skill attributable to technological innovation. The employment crisis has been met by an unprecedented increase in active labor market programs, in large part targeted at unemployed youths. There is a risk that these programs may crowd out regular youth employment, a hypothesis that is supported in our empirical investigation of regular youth employment in Swedish municipalities.
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Other versions of this item:
- Edin, P.-A. & Forslund, A. & Holmlund, B., 1998. "The Swedish Youth Labor Market in Boom and Depression," Papers, Uppsala - Working Paper Series 1998-3, Uppsala - Working Paper Series.
- Edin, Per-Anders & Forslund, Anders & Holmlund, Bertil, 1998. "The Swedish Youth Labor Market in Boom and Depression," Working Paper Series, Uppsala University, Department of Economics 1998:3, Uppsala University, Department of Economics.
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
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- Larsson, Laura, 2000. "Evaluation of Swedish Youth Labour Market Programmes," Working Paper Series, Uppsala University, Department of Economics 2000:6, Uppsala University, Department of Economics.
- Larsson, Laura, 2000. "Evaluation of Swedish youth labour market programmes," Working Paper Series, IFAU - Institute for Evaluation of Labour Market and Education Policy 2000:1, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Matz Dahlberg & Anders Forslund, 2005. "Direct Displacement Effects of Labour Market Programmes," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 107(3), pages 475-494, 09.
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