Youth Unemployment in Advanced Economies in Europe

Youth Unemployment in Advanced Economies in Europe

Author: Angana Banerji

Publisher: International Monetary Fund

Published: 2014-12-05

Total Pages: 32

ISBN-13: 1484357620

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The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural characteristics of the labor market. It will outline the main elements of a comprehensive strategy to address the problem.


Youth Unemployment in Advanced Economies in Europe

Youth Unemployment in Advanced Economies in Europe

Author: Angana Banerji

Publisher: International Monetary Fund

Published: 2014-12-05

Total Pages: 32

ISBN-13: 1498337112

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The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural characteristics of the labor market. It will outline the main elements of a comprehensive strategy to address the problem.


Social Exclusion of Youth in Europe

Social Exclusion of Youth in Europe

Author: Marge Unt

Publisher: Policy Press

Published: 2023-01-03

Total Pages: 408

ISBN-13: 1447358732

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EPDF and EPUB available Open Access under CC-BY-NC-ND licence.Policymakers throughout Europe are enacting policies to support youth labour market integration. However, many young people continue to face unemployment, job insecurity, and the subsequent consequences.Adopting a mixed-method and multilevel perspective, this book provides a comprehensive investigation into the multifaceted consequences of social exclusion. Drawing on rich pan-European comparative and quantitative data, and interviews with young people from across Europe, this text gives a platform to the unheard voices of young people.Contributors derive crucial new policy recommendations and offer fresh insights into areas including youth well-being, health, poverty, leaving the parental home, and qualifying for social security.


Emigration and Its Economic Impact on Eastern Europe

Emigration and Its Economic Impact on Eastern Europe

Author: Mr.Ruben Atoyan

Publisher: International Monetary Fund

Published: 2016-07-20

Total Pages: 48

ISBN-13: 1498367453

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This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.


Youth Policies and Unemployment in Europe

Youth Policies and Unemployment in Europe

Author: Paola Giannoni

Publisher: BRILL

Published: 2021-11-15

Total Pages: 112

ISBN-13: 9004505040

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In Youth Policies and Unemployment in Europe Paola Giannoni analyses the situation of the European youth regarding the changes in the job market dynamics and the strategies implemented by the EU for the social inclusion of young people.


Youth Unemployment in Advanced Europe

Youth Unemployment in Advanced Europe

Author: Angana Banerji

Publisher: International Monetary Fund

Published: 2015-01-21

Total Pages: 38

ISBN-13: 1498324401

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The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at unprecedented highs in some European countries. This paper assesses the main drivers of youth unemployment in Europe. It finds that much of the increase in youth unemployment rates during the crisis can be explained by output dynamics and the greater sensitivity of youth unemployment to economic activity than adult unemployment. Labor market institutions also play a significant role in explaining the persistently high levels of youth unemployment, especially the tax wedge, minimum wages relative to the median wage, spending on active labor market policies, the opportunity cost of working (measured by the unemployment benefits), vocational training, and labor market duality. This suggests that policies to address youth unemployment should be comprehensive and country-specific, focused on reviving growth and advancing labor market reforms.


Global Employment Trends for Youth 2015

Global Employment Trends for Youth 2015

Author: International Labor Office

Publisher:

Published: 2016-03-29

Total Pages: 0

ISBN-13: 9789221301080

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Incorporating the most recent labor market information available, Global Employment Trends for Youth 2015 sets out the youth labor market situation around the world. It shows where progress has or has not been made, updates world and regional youth labor market indicators, and gives detailed analyses of medium-term trends in youth population, labor force, employment, and unemployment. The 2015 report presents the first detailed results of the School-to-Work transition surveys conducted in twenty-eight low- and middle-income countries around the world, analyzing the multifaceted paths young people take from the education system into the labor market.


Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups

Okun's Law, Development, and Demographics: Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups

Author: Zidong An

Publisher: International Monetary Fund

Published: 2021-11-12

Total Pages: 22

ISBN-13: 1616356049

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The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and developing economies. Second, youth’s unemployment is twice as sensitive as that of adults’. Third, women’s unemployment is significantly less sensitive to demand than men’s in advanced economies. These findings point to the highly unequal impacts of the business cycle across worker and economy groups.


Global Youth Unemployment

Global Youth Unemployment

Author: Ross Fergusson

Publisher: Edward Elgar Publishing

Published: 2021-04-30

Total Pages: 296

ISBN-13: 1789900425

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This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present substantial new evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people’s social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North.


Youth Employment and Joblessness in Advanced Countries

Youth Employment and Joblessness in Advanced Countries

Author: David G. Blanchflower

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 494

ISBN-13: 0226056848

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The economic status of young people has declined significantly over the past two decades, despite a variety of programs designed to aid new workers in the transition from the classroom to the job market. This ongoing problem has proved difficult to explain. Drawing on comparative data from Canada, Germany, France, Sweden, and the United Kingdom, these papers go beyond examining only employment and wages and explore the effects of family background, education and training, social expectations, and crime on youth employment. This volume brings together key studies, providing detailed analyses of the difficult economic situation plaguing young workers. Why have demographic changes and additional schooling failed to resolve youth unemployment? How effective have those economic policies been which aimed to improve the labor skills and marketability of young people? And how have youths themselves responded to the deteriorating job market confronting them? These questions form the empirical and organizational bases upon which these studies are founded.