IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v1y2012i14p16.html
   My bibliography  Save this article

Evolutions Of Unemployment Among The Young Over The Economic And Financial Downturn

Author

Listed:
  • Mariana Bălan
  • Carmen-Marilena Uzlău
  • Corina Maria Ene

Abstract

The downturn on the global financial markets that struck the world economy in the mid 2008 affected the world economy in its whole, nevertheless, it also had a great impact upon the labour force market in the European countries. After several years of economic growth and of relatively high labour force occupation rate, this caused EU to register levels of decrease that had not been registered for decades. It is crucial to know the unemployment rate among the young in order to transform the young into active persons by means of specific policies aimed at this population category. The difficulties met by the young on the labour market have significant consequences upon their standard of living, upon their families and upon the national or international communities to which they belong. The most important effects of the young's inactivity are: the risk of poverty, the incapacity to play an active role in the development of the society, the lack of freedom in changing the society of which they form part. This work presents a short analysis of the unemployment among the young at world level, at the European Union's level and Romania's level. The current economic recession imposed and still imposes on the EU member states' governments to strongly interfere on the labour force market, especially in the field of youth occupancy. This work also deals with several of the measures adopted by different European states for the reduction of the unemployment rate among the young as well as for their introduction on the labour market.

Suggested Citation

  • Mariana Bălan & Carmen-Marilena Uzlău & Corina Maria Ene, 2012. "Evolutions Of Unemployment Among The Young Over The Economic And Financial Downturn," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-16.
    • Handle: RePEc:alu:journl:v:1:y:2012:i:14:p:16
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1420121/16.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. International Labour Office., 2010. "Global employment trends for youth : August 2010: special issue on the impact of the global economic crisis on youth," Global Employment Trends Reports 994588543402676, International Labour Office, Economic and Labour Market Analysis Department.
    2. International Labour Office., 2012. "Global employment trends for youth : 2012," Global Employment Trends Reports 994802013402676, International Labour Office, Economic and Labour Market Analysis Department.
    3. Bell, David N.F. & Blanchflower, David G., 2011. "Youth Unemployment in Europe and the United States," IZA Discussion Papers 5673, Institute of Labor Economics (IZA).
    4. Niall O’Higgins, 2010. "Youth Labour Markets in Europe and Central Asia," Working Papers id:2740, eSocialSciences.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Radha Jagannathan & Michael J. Camasso & Bagavan Das & Jale Tosun & Sadagopan Iyengar, 2017. "Family, society and the individual: determinants of entrepreneurial attitudes among youth in Chennai, South India," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-22, December.
    2. Zuzana Brixiova & Thierry Kangoye, 2014. "Youth Unemployment in Africa: New Evidence and Policies from Swaziland," AIEL Series in Labour Economics, in: Dario Sciulli & Miguel Ángel Malo (ed.), Disadvantaged Workers, edition 1, chapter 9, pages 181-202, AIEL - Associazione Italiana Economisti del Lavoro.
    3. Vladislav Flek & Martin Hála & Martina Mysíková, 2018. "Nezaměstnanost a věková segmentace trhu práce [Unemployment and Age-based Labor Market Segmentation]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(6), pages 709-731.
    4. Maria Sironi, 2018. "Economic Conditions of Young Adults Before and After the Great Recession," Journal of Family and Economic Issues, Springer, vol. 39(1), pages 103-116, March.
    5. Ali , Abd Elrahman Elzahi Saaid, 2014. "The Challenges of Islamic Trade Finance in Promoting SMEs in IDB Member Countries," Working Papers 1435-6, The Islamic Research and Teaching Institute (IRTI).
    6. Kluve, Jochen & Puerto, Susanna & Robalino, David & Romero, José Manuel & Rother, Friederike & Stöterau, Jonathan & Weidenkaff, Felix & Witte, Marc, 2016. "Do Youth Employment Programs Improve Labor Market Outcomes? A Systematic Review," Ruhr Economic Papers 648, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    7. Christophe J. Nordman & François-Charles Wolff, 2009. "Is There a Glass Ceiling in Morocco? Evidence from Matched Worker--Firm Data," Journal of African Economies, Centre for the Study of African Economies, vol. 18(4), pages 592-633, August.
    8. Joseph Anthony Mauro & Sophie Mitra, 2015. "Understanding Out-of-Work and Out-of-School Youth in Europe and Central Asia," World Bank Publications - Reports 22806, The World Bank Group.
    9. World Bank Group, 2015. "Toward Solutions for Youth Employment," World Bank Publications - Reports 23261, The World Bank Group.
    10. Zuzana Brixiova & Thierry Kangoye, 2013. "Working Paper 175 - Youth Employment in Africa: New Evidence and Policies from Swaziland," Working Paper Series 472, African Development Bank.
    11. Berhe Mekonnen Beyene and & Tsegay Gebrekidan Tekleselassie, 2018. "The State, Determinants, and Consequences of Skills Mismatch in the Ethiopian Labour Market," Working Papers 021, Policy Studies Institute.
    12. World Bank Group, 2014. "Balancing Flexibility and Worker Protection," World Bank Publications - Reports 23024, The World Bank Group.
    13. Alberta Maria Carlotta Spreafico & Agnese Dina Peruzzi & Enrica Chiappero, 2014. "Youth unemployment in the EU15: regional and national inequalities throughout the 2008 economic crisis," Economics and Business Letters, Oviedo University Press, vol. 3(3), pages 177-190.
    14. Artz, Benjamin & Blanchflower, David G. & Bryson, Alex, 2022. "Unions increase job satisfaction in the United States," Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 173-188.
    15. Page, Andrew & Milner, Allison & Morrell, Stephen & Taylor, Richard, 2013. "The role of under-employment and unemployment in recent birth cohort effects in Australian suicide," Social Science & Medicine, Elsevier, vol. 93(C), pages 155-162.
    16. Richard V. Burkhauser & Kosali I. Simon, 2008. "Who Gets What From Employer Pay or Play Mandates?," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 11(1), pages 75-102, March.
    17. Abowd, J.M. & Kramarz, F. & Margolis, D.N., 1998. "Minimum Wages and Employment in France and the United States," Papiers du Laboratoire de Microéconomie Appliquée 1998-12, Université Panthéon-Sorbonne (Paris 1).
    18. Werner Eichhorst & Tito Boeri & An De Coen & Vincenzo Galasso & Michael Kendzia & Nadia Steiber, 2014. "How to combine the entry of young people in the labour market with the retention of older workers?," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-23, December.
    19. Filandri, Marianna & Nazio, Tiziana & O'Reilly, Jacqueline, 2018. "Youth transitions and job quality: How long should they wait and what difference does the family make?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 271-293.
    20. Stefan Eriksson & Dan-Olof Rooth, 2014. "Do Employers Use Unemployment as a Sorting Criterion When Hiring? Evidence from a Field Experiment," American Economic Review, American Economic Association, vol. 104(3), pages 1014-1039, March.

    More about this item

    Keywords

    unemployment; economic and financial downturn; occupancy;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2012:i:14:p:16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan-Constantin Danuletiu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.