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When the Global Crisis and Youth Bulge Collide: Double the Jobs Trouble for Youth

Author

Listed:
  • Isabel Ortiz
  • Matthew Cummins

    (Division of Policy and Practice,UNICEF)

Abstract

This 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.

Suggested Citation

  • Isabel Ortiz & Matthew Cummins, 2012. "When the Global Crisis and Youth Bulge Collide: Double the Jobs Trouble for Youth," Working papers 1202, UNICEF,Division of Policy and Strategy.
  • Handle: RePEc:uce:wpaper:1202
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    File URL: http://www.unicef.org/socialpolicy/files/Global_Crisis_and_Youth_Bulge_FINAL_web.pdf
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    Citations

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    Cited by:

    1. Mehmet BÖLÜKBAÞ, 2016. "The Effects of Economic Policies in Turkey: An Application for the Period After 2000," Journal of Social and Administrative Sciences, KSP Journals, vol. 3(4), pages 315-322, December.
    2. Sarno, Lucio & Tsiakas, Ilias & Ulloa, Barbara, 2016. "What drives international portfolio flows?," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 53-72.
    3. Ackah, Ishmael, 2015. "On the relationship between energy consumption, productivity and economic growth: Evidence from Algeria, Ghana, Nigeria and South Africa," MPRA Paper 64887, University Library of Munich, Germany.
    4. repec:eee:rensus:v:75:y:2017:i:c:p:278-292 is not listed on IDEAS
    5. Emilie Bécault & Axel Marx, 2015. "International Climate Finance to developing countries. Taking stock of the variety of bilateral, private and hybrid financing initiatives," BeFinD Working Papers 0109, University of Namur, Department of Economics.
    6. El-Geneidy, Ahmed & Levinson, David & Diab, Ehab & Boisjoly, Genevieve & Verbich, David & Loong, Charis, 2016. "The cost of equity: Assessing transit accessibility and social disparity using total travel cost," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 302-316.
    7. Adnan RASHID & Naveed YOUSAF, 2015. "Linkage of financial development with electricity-growth, nexus of India and Pakistan," EuroEconomica, Danubius University of Galati, issue 2(34), pages 151-160, November.
    8. Quirapas, Mary Ann Joy Robles & Lin, Htet & Abundo, Michael Lochinvar Sim & Brahim, Sahara & Santos, Diane, 2015. "Ocean renewable energy in Southeast Asia: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 799-817.

    More about this item

    Keywords

    youth employment; youth bulge; jobs; crisis recovery; development policy;

    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 - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • 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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