Arbeitspapier

Young people and the Great Recession

This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs on individuals and society well into the future. Though the effects of current policies on youth unemployment are uncertain, there is still a strong case for policy intervention to address the difficulties that the young are having in accessing employment.

Language: Englisch

Bibliographic citation: Series: IZA Discussion Papers ; No. 5674

Classification: Wirtschaft
Labor Economics: General
Demographic Trends, Macroeconomic Effects, and Forecasts
Labor Force and Employment, Size, and Structure
Labor Demand
Wages, Compensation, and Labor Costs: Public Policy
Unemployment: Models, Duration, Incidence, and Job Search

Subject: youth unemployment
Jugendarbeitslosigkeit
Konjunktur
Wirtschaftskrise
USA
Großbritannien

Event: Geistige Schöpfung

(who): Bell, David N. F.
Blanchflower, David G.

Event: Veröffentlichung

(who): Institute for the Study of Labor (IZA)

(where): Bonn

(when): 2011

Handle: http://hdl.handle.net/10419/52080

URN: urn:nbn:de:101:1-201105173104

Last update: 10.03.2025, 11:42 AM CET

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Object type

Arbeitspapier

Associated

Bell, David N. F.
Blanchflower, David G.
Institute for the Study of Labor (IZA)

Time of origin

2011

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