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Youth Unemployment: Déjà V

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  • Bell, David
  • Blanchflower, David

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 University of Stirling, Division of Economics in its series Stirling Economics Discussion Papers with number 2010-04.

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Date of creation: Jan 2010
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Handle: RePEc:stl:stledp:2010-04

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Postal: Division of Economics, University of Stirling, Stirling, Scotland FK9 4LA
Phone: +44 (0)1786 467473
Fax: +44 (0)1786 467469
Web page: http://www.econ.stir.ac.uk/
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For corrections or technical questions regarding this item, or to correct its listing, contact: (Liam Delaney).

Related research

Keywords: Youth unemployment; economic policy; well-being; recession; wages;

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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. Cho, Yoonyoung & 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).
  2. 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.
  3. 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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