Young Workers in the Shadow of the Great Recession
Young Workers in the Shadow of the Great Recession

Author: Nichole Caldwell

Publisher: Nova Science Publishers

Published: 2015

Total Pages: 0

ISBN-13: 9781634821858

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Young adults in the United States have experienced higher rates of unemployment and lower rates of labor force participation than the general population for at least two decades. The Great Recession exacerbated this phenomenon. Despite a substantial labor market recovery from 2009 through 2014, vulnerable populations--including the nation's young adults--continue to experience higher rates of unemployment. Meanwhile, changes in labor market conditions, including globalization and automation, have reduced the availability of well-paid, secure jobs for less-educated persons, particularly those jobs that provide opportunity for advancement. Furthermore, data suggest that young workers entering the labor market are affected by a long-running increase in the use of "contingent" work arrangements, characterized by contracted, part-time, temporary, and seasonal work. This book summarizes insights from the Survey of Young Workers and related research in the field; and it frames policy and research issues for future consideration by the Federal Reserve Board and others interested in young workers.

Working and Living in the Shadow of Economic Fragility
Working and Living in the Shadow of Economic Fragility

Author: Marion G. Crain

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 289

ISBN-13: 019998848X

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Not since the Great Depression of the 1930s has the United States faced such a prolonged period of high unemployment and underemployment. Recovery from the "Great Recession" that began in 2008 has been slow, and is projected to remain sluggish over the next several years, while another shock to the global economy could erase the meager gains of the past months. Economic conditions remain fragile and employment challenges show no sign of letting up. With persistently high unemployment and underemployment-and growing inequality in wages-an increasing number of American families are no longer adequately supported by employment income and basic benefits. Many older workers have "retired" before they are ready, and many young workers cannot find a foothold in the job market. A silent crisis is underway, with huge social and economic costs for the nation. Working and Living in the Shadow of Economic Fragility examines the current state of employment through historical, macroeconomic, cultural, sociological and policy lenses, in order to address fundamental questions about the role and value of work in America today. The book offers suggestions for how to address the short- and long-term challenges of rebuilding a society of opportunity with meaningful and sustaining jobs as the foundation of the American middle-class.

Young People's Development and the Great Recession
Young People's Development and the Great Recession

Author: Ingrid Schoon

Publisher: Cambridge University Press

Published: 2017-11-02

Total Pages: 513

ISBN-13: 1316802345

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The 2007–8 financial crisis and subsequent 'Great Recession' particularly affected young people trying to make their way from education into the labour market at a time of economic uncertainty and upheaval. This is the first volume to examine the impact of the Great Recession on the developmental stage of young adulthood, a critical phase of the life course that has great significance in the foundations of adult identity. Using evidence from longitudinal data sets spanning three major OECD countries, these essays examine the recession's effects on education and employment outcomes, and consider the wider psycho-social consequences, including living arrangements, family relations, political engagement, and health and well-being. While the recession intensified the impact of pre-existing trends towards a prolonged dependence on parents and, for many, the precaritization of life chances, the findings also point to manifestations of resilience, where young people countered adversity by forging positive expectations of the future.

Young People and the Great Recession
Young People and the Great Recession

Author: David Nevin Fraser Bell

Publisher:

Published: 2011

Total Pages: 37

ISBN-13:

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"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."--Abstract.

Working Scared (Or Not at All)
Working Scared (Or Not at All)

Author: Carl E. Van Horn

Publisher: Rowman & Littlefield

Published: 2014-08-06

Total Pages: 227

ISBN-13: 1442238011

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Working Scared will help citizens, policy makers, educators, business, union, and community leaders better understand what is happening to the United States workforce. It also describes the essential national priorities and policies that will assist in restoring the American dream of secure employment and intergenerational progress.

Youth, Jobs, and the Future
Youth, Jobs, and the Future

Author: Lynn S. Chancer

Publisher:

Published: 2019

Total Pages: 313

ISBN-13: 0190685891

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While overall unemployment has declined, the unemployment rate remains nearly twice as high for young people 16 to 19 years of age and nearly three times as high for those aged 20 to 24. Rates of unemployment and underemployment are nearly two to three times higher for Black and Latino youth. In Youth, Jobs, and the Future, Lynn S. Chancer, Mart n S nchez-Jankowski, and Christine Trost have gathered a cast of well-known interdisciplinary scholars to confront the persistent issues of youth unemployment and worsening socio-economic precarity in the United States. The book explores structural and cultural causes of youth unemployment, their ramifications for both native and immigrant youth, and how middle- and working-class youth across diverse races and ethnicities are affected within and outside the legal economy. A needed contribution, this book locates solutions to youth unemployment in economic and political changes as well as changes in cultural attitudes.

We The Future
We The Future

Author: David Pattinson

Publisher: Dog Ear Publishing

Published: 2015-08-07

Total Pages: 170

ISBN-13: 1457540320

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America has entered a new era. The Great Recession of 2007-09 completely altered the way our society approaches employment. The economy is placing an increasing emphasis on knowledge and technology. Our world is becoming more globalized and interconnected than ever. It is undeniable: our world is changing. Change is a good thing, but it can also be painful, and I believe that Millennials have born the pain of these historic shifts more than any other group. Since the start of the Recession, the unemployment rate for young adults has been significantly higher than the national average. Total student debt in America exceeds $1 trillion dollars. And young people continue to face serious challenges in obtaining meaningful employment. Despite these obstacles, I believe young people have the power to achieve success in this new era. But this will require major shifts in how we approach education, what we expect from our government, and how we plan our own careers. This book is a reflection of the trends and tribulations that have made up this post-Recession era, and offers guidance on how to build meaningful, dynamic careers. It is a collection of the important conversations young people (and those who advise them) need to have in order to grasp success in a new economic age. We are the future of America. I believe the future is bright if we decide to act now.

Working and Living in the Shadow of Economic Fragility
Working and Living in the Shadow of Economic Fragility

Author: Marion Crain

Publisher: Oxford University Press

Published: 2014-03-18

Total Pages: 289

ISBN-13: 0199988498

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Not since the Great Depression of the 1930s has the United States faced such a prolonged period of high unemployment and underemployment. Recovery from the "Great Recession" that began in 2008 has been slow, and is projected to remain sluggish over the next several years, while another shock to the global economy could erase the meager gains of the past months. Economic conditions remain fragile and employment challenges show no sign of letting up. With persistently high unemployment and underemployment-and growing inequality in wages-an increasing number of American families are no longer adequately supported by employment income and basic benefits. Many older workers have "retired" before they are ready, and many young workers cannot find a foothold in the job market. A silent crisis is underway, with huge social and economic costs for the nation. Working and Living in the Shadow of Economic Fragility examines the current state of employment through historical, macroeconomic, cultural, sociological and policy lenses, in order to address fundamental questions about the role and value of work in America today. The book offers suggestions for how to address the short- and long-term challenges of rebuilding a society of opportunity with meaningful and sustaining jobs as the foundation of the American middle class.