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Youth Unemployment: Déjà Vu?

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Author Info

  • Bell, David N.F.

    () (University of Stirling)

  • Blanchflower, David G.

    () (Dartmouth College)

Abstract

This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data. It argues that there is convincing evidence that the young are particularly susceptible to the negative effects of spells of unemployment well after their initial experience of worklessness. Because the current youth cohort is relatively large, the longer-term outlook for youth unemployment is quite good, but there is a strong case for policy intervention now to address the difficulties that the current cohort is having in finding access to work.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 4705.

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Length: 58 pages
Date of creation: Jan 2010
Date of revision:
Handle: RePEc:iza:izadps:dp4705

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Related research

Keywords: youth unemployment; scarring; ethnic crime; health; life satisfaction; wages; ALMP;

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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Remember the supply-side?
    by chris dillow in Stumbling and Mumbling on 2011-02-17 12:41:52
  2. Structurally high unemployment?
    by chris dillow in Stumbling and Mumbling on 2010-08-09 13:37:05
  3. Long-term effects of youth unemployment
    by chris dillow in Stumbling and Mumbling on 2012-02-15 14:30:44
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Cited by:
  1. Mavromaras, Kostas G. & Mahuteau, Stéphane & Sloane, Peter J. & Wei, Zhang, 2012. "The Effect of Overskilling Dynamics on Wages," IZA Discussion Papers 6985, Institute for the Study of Labor (IZA).
  2. Cho, Yoon Y. & Newhouse, David, 2011. "How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries," IZA Discussion Papers 5681, Institute for the Study of Labor (IZA).
  3. Elena Simonova & Rock Lefebvre, 2012. "Youth Unemployment in Canada: Challenging Conventional Thinking?," Working Papers 121003, Certified General Accountants Association of Canada.
  4. David N. F. Bell & David Blanchflower, 2010. "Recession and Umemployment in the OECD," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 11(1), pages 14-22, 04.
  5. Caliendo, Marco & Künn, Steffen & Schmidl, Ricarda, 2011. "Fighting Youth Unemployment: The Effects of Active Labor Market Policies," IZA Discussion Papers 6222, Institute for the Study of Labor (IZA).
  6. Torben Andersen, 2010. "Unemployment Persistence," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 11(1), pages 23-28, 04.

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