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A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper analyses various dimensions of this challenge. We argue that though the conventional definition of "youth" is the 16-24 age group, there is a strong case for considering 25 to...
Persistent link: https://www.econbiz.de/10011409613
We consider the effects of the financial crisis and subsequent recession on world labour markets. It begins by cataloguing the adverse effects on output of the sudden collapse in demand brought about by the financial crisis in what has come to be called the Great Recession. Next we look at the...
Persistent link: https://www.econbiz.de/10010278612
This paper focuses particularly on youth unemployment, why we should be concerned about it, why it is increasing again, how the present difficulties of young people entering the labour market differ from those of the past and what useful lessons have been learned that may guide future policy. We...
Persistent link: https://www.econbiz.de/10010278726
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...
Persistent link: https://www.econbiz.de/10010278774
This paper considers the issue of unemployment one of the most pressing issues facingthe UK and other governments, as the current recessions deepens. It begins by trying toaccurately date the beginning of the current downturn in the British economy, arguingthat it is clear that the recession...
Persistent link: https://www.econbiz.de/10009466005
There is a growing belief that the recession has run its course and that the goods market has started a period of slow, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will return to its 2007 level in the medium term. In this...
Persistent link: https://www.econbiz.de/10003901730
This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10003935007
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...
Persistent link: https://www.econbiz.de/10009259467
This paper focuses particularly on youth unemployment, why we should be concerned about it, why it is increasing again, how the present difficulties of young people entering the labour market differ from those of the past and what useful lessons have been learned that may guide future policy. We...
Persistent link: https://www.econbiz.de/10009259469
A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper analyses various dimensions of this challenge. We argue that though the conventional definition of "youth" is the 16-24 age group, there is a strong case for considering 25 to...
Persistent link: https://www.econbiz.de/10010533317