Artikel

Covid-19 and the youth-to-adult unemployment gap

The Covid-19 pandemic has produced unprecedented negative effects on the global economy, affecting both the demand and supply side. Its consequences in terms of job losses have been important in many European countries. A large number of firms have been forced to dismiss at least part of their workforce or to close down all together. Considering that young people are usually penalized more than their adult counterparts during economic crises due to the so-called "last-in-first-out" principle, it is worthwhile to evaluate if the youth will also end up paying the highest price during this pandemic-induced recession.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2023

Classification
Wirtschaft
Subject
youth unemployment rate
youth disadvantage
pandemic recession
Covid-19

Event
Geistige Schöpfung
(who)
Pastore, Francesco
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2023

DOI
doi:10.15185/izawol.500
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Pastore, Francesco
  • Institute of Labor Economics (IZA)

Time of origin

  • 2023

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