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Unemployment Experiences of Young Men: on the Road to Stable Employment?

  • Adriaan S. Kalwij

This study examines the unemployment experiences of young men in the United Kingdom over the period 1982.IV-1998.I. The empirical results show that repeated unemployment is a dominant feature of the UK labour market and that individual heterogeneity affects mainly the incidence of unemployment and only to a much lesser extent the duration of unemployment. We estimate that about 73% of the young unemployed find stable employment before the age of 35. The remaining 27%, concentrated among the lower-skilled, keep returning into unemployment, suggesting structural employment instability. These findings imply that a labour market programme targeted at increasing the employability of the young unemployed would yield long-term benefits by not only getting them out of unemployment but also keeping them out of unemployment. Copyright 2004 Blackwell Publishing Ltd.

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Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.

Volume (Year): 66 (2004)
Issue (Month): 2 (05)
Pages: 205-237

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Handle: RePEc:bla:obuest:v:66:y:2004:i:2:p:205-237
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