The Effect of Labor Market Changes from the Early 1970s to the Late 1980s on Youth Wage, Earnings, and Household Economic Position
AbstractWhile overall employment in the United States has risen in the last 30 years, the employment and earnings prospects for youths have fallen relative to those for older workers. This deterioration in youth labor market conditions has been most pronounced for low-skilled youths, high school dropouts, and those with low IQs. Using data from national longitudinal studies of young men, young women, and youths, this paper examines a number of aspects of the labor market outcomes of youths entering the labor market at two different times. The first group entered the robust labor market of the late 1960s, while the second group entered the deteriorated labor market of the mid-1980s. Consistent with previous research, this paper finds an improvement over the two periods in levels of employment and earnings for high-skilled youths, with a corresponding deterioration for lower-skilled youths. The paper presents a unique analysis of the growth trajectories of earnings and employment for high- and low-skilled youths in the two cohorts. We find substantial within-cohort growth for high-skilled youths in both cohorts (as well an improvement in household economic circumstances), with a corresponding deterioration in earnings, employment, and household economic circumstances for lower-skilled youths, especially those in the later cohort.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Wisconsin Institute for Research on Poverty in its series Institute for Research on Poverty Discussion Papers with number 1174-98.
Date of creation:
Date of revision:
Contact details of provider:
Postal: 3412 Social Science Building, 1180 Observatory Drive, Madison, WI 53706
Phone: (608) 262-6358
Fax: (608) 265-3119
Web page: http://www.ssc.wisc.edu/irp/dp/dplist.htm
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Card & Thomas Lemieux, 1997.
"Adapting to Circumstances: The Evolution of Work, School, and Living Arrangements Among North American Youth,"
NBER Working Papers
6142, National Bureau of Economic Research, Inc.
- David Card & Thomas Lemieux, 2000. "Adapting to Circumstances (The Evolution of Work, School,and Living Arrangements among North American Youth)," NBER Chapters, in: Youth Employment and Joblessness in Advanced Countries, pages 171-214 National Bureau of Economic Research, Inc.
- David Card & Thomas Lemieux, 1997. "Adapting to Circumstances: The Evolution of Work, School, and Living Arrangements Among North American Youth," Working Papers, Princeton University, Department of Economics, Industrial Relations Section. 765, Princeton University, Department of Economics, Industrial Relations Section..
- repec:fth:coluec:452 is not listed on IDEAS
- Richard B. Freeman, 1990. "Employment and Earnings of Disadvantaged Young Men in a Labor Shortage Economy," NBER Working Papers 3444, National Bureau of Economic Research, Inc.
- repec:fth:prinin:386 is not listed on IDEAS
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.