The impact of last financial crisis (2007-08) and subsequent global recession (2008-09) has been deeper on the weakest segments of the labour market. In this paper, we mainly focus on the extent and persistence of the impact of (past and last) financial crises on youth (15-24) unemployment rate....

This paper assesses the impact of the crisis on the NEET rate and on the youth unemployment rate (YUR) of the EU regions. It begins with a review of the literature and presents some descriptive statistics on NEET and YURs. We use Eurostat's data for the period 2000-2011 concerning the NUTS-1...

In most European countries, the youth unemployment rate is much higher ? at least double but in some countries also triple ? than the adult unemployment rate. The NEET group (young people ?neither in employment, education or training?) is also particularly large. The 2008-09 financial crisis,...

This paper estimates the impact of several institutions and policies on youth and total unemployment rates for a large set of developed countries during the last three decades. The estimation technique used is a fixed effect panel analysis. Our empirical analysis shows that, in addition to...

In most European countries, the youth unemployment rate is much higher ? at least double but in some countries also triple ? than the adult unemployment rate. The NEET group (young people ?neither in employment, education or training?) is also particularly large. The 2008-09 financial crisis,...

The 2008 financial crisis and subsequent Great Recession created a second major employment shock in less than a generation in several transition economies. In particular, youth unemployment rates, which are usually higher than adult rates in normal times, reached extremely high levels and partly...