Youth Unemployment: Aggregate Incidence and Consequences for Individuals
AbstractThis paper analyses the incidence and impact of unemployment among young Australians. It is argued that the scale and seriousness of the current youth problem are often overstated. There is no evidence that the aggregate unemployment experience of young Australians has changed over the last two decades. The groups of young people most at risk of unemployment are identified. While the overall scale of the problem is not worsening, some of the young unemployed face adverse future labour market outcomes. It is argued that while there is a role for specific policies targeted at young people, these need to be accompanied by policies that involve managing aggregate demand.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0408001.
Date of creation: 03 Aug 2004
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Other versions of this item:
- Bruce Chapman & Matthew Gray, 2002. "Youth Unemployment: Aggregate Incidence and Consequences for Individuals," CEPR Discussion Papers 459, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- J - Labor and Demographic Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-08-09 (All new papers)
- NEP-LAB-2004-08-09 (Labour Economics)
- NEP-URE-2004-08-09 (Urban & Real Estate Economics)
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