employment crisis as a result of the demographic phenomenon known as the ‘youth bulge,' which aggravates the already low demand … for youth, at the center of recovery efforts …

This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study … whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase … in youth wages relative to adult wages. To anticipate our results, we find that the youth unemployment rates increased …