When the Global Crisis and Youth Bulge Collide: Double the Jobs Trouble for Youth
AbstractThis working paper: (i) describes recent labour market trends; (ii) analyzes how young people are experiencing a double employment crisis as a result of the demographic phenomenon known as the ‘youth bulge,’ which aggravates the already low demand for labour during the economic downturn; (iii) explores the household level impacts of the jobs crisis, with particular attention to the severe risks posed to children and young workers; (iv) discusses policy responses during the two phases of the crisis—fiscal expansion (2008-09) and fiscal contraction (2010- ); and (v) presents a UN agenda on how to generate decent employment, which covers macroeconomic and sector policy options along with labour-specific strategies to place jobs, especially for youth, at the center of recovery efforts.
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Bibliographic InfoPaper provided by UNICEF,Division of Policy and Strategy in its series Working papers with number 1202.
Date of creation: 2012
Date of revision:
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Find related papers by JEL classification:
- J1 - Labor and Demographic Economics - - Demographic Economics
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy
- J8 - Labor and Demographic Economics - - Labor Standards
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
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