Growing Into Work
AbstractThis paper examines youth labor markets in OECD countries in the 1980s and 1990s, when the youth share of the population fell rapidly in most of these countries. Despite the decline in the youth share of the population and increased enrollments in school, and shifts in industry mix toward youth-intensive sectors, the wages of youth relative to adults fell, and the employment rates of youths declined sharply, particularly among men. In many countries, youth suicides rose, crime (committed largely by the young) rose and marriage rates fell among young persons. The paper concludes that the most likely cause for the adverse labor market experiences of youths is the high overall rate of unemployment. Neither changes in demography nor expansion of low wage industries nor reductions in the wages of youth were able to counteract the effects of macro-economy on the prospects of young workers.
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Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0296.
Date of creation: Jun 1996
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- Kari Hämäläinen, 2003. "Education and Unemployment: State Dependence in Unemployment Among Young People in the 1990s," Discussion Papers 312, Government Institute for Economic Research Finland (VATT).
- L.Guarcello & M. Manacorda & F. Rosati & J. Fares & S.Lyon & C. Valdivia, 2005. "School-to-Work Transitions in Sub-Saharan Africa: An overview," UCW Working Paper 15, Understanding Children's Work (UCW Programme).
- O'Higgins, Niall, 2001. "Youth unemployment and employment policy: a global perspective," MPRA Paper 23698, University Library of Munich, Germany.
- Jochem, Sven, 1998. "The social democratic full-employment model in transition: The Scandinavian experiences in the 1980s and 1990s," Working papers of the ZeS 02/1998, University of Bremen, Centre for Social Policy Research (ZeS).
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