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The Labour Market for Young People

In: From School to Unemployment?

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  • P. N. Junankar

Abstract

The last few years have seen a dramatic worsening of the labour market for young people with increasing unemployment rates and increasing long-term unemployment. Young people leaving school face bleak prospects, with a very low probability of finding work. In some ways, the 1980s appear to be a repeat of the hopeless days of the 1930s but fortunately with better social security support. This book looks at some aspects of the labour market for young people: the relationship between wages of young people and their (un)employment; the probability of finding work being dependent on individual (personal) characteristics; and some government policies to attack the problem of growing youth unemployment. A common message of this book is that to tackle the problem of youth unemployment we need to reflate the economy. Other policies (e.g., training schemes) may have a small impact and could be used in conjunction with reflation.

Suggested Citation

  • P. N. Junankar, 1987. "The Labour Market for Young People," Palgrave Macmillan Books, in: P. N. Junankar (ed.), From School to Unemployment?, chapter 1, pages 1-12, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18942-7_1
    DOI: 10.1007/978-1-349-18942-7_1
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    Cited by:

    1. Steve Bradley & Rob Crouchley, 2020. "The effects of test scores and truancy on youth unemployment and inactivity: a simultaneous equations approach," Empirical Economics, Springer, vol. 59(4), pages 1799-1831, October.
    2. Junankar, Pramod N. (Raja), 2014. "The Impact of the Global Financial Crisis on Youth Labour Markets," IZA Discussion Papers 8400, Institute of Labor Economics (IZA).
    3. PN (Raja) Junankar, 2015. "The impact of the Global Financial Crisis on youth unemployment," The Economic and Labour Relations Review, , vol. 26(2), pages 191-217, June.
    4. Steven Bradley & Robert Crouchley, 2017. "The effects of test scores and truancy on youth unemployment and inactivity: A simultaneous equations approach," Working Papers 189398493, Lancaster University Management School, Economics Department.
    5. Christopoulou Rebekka, 2013. "Why Have Labour Market Outcomes of Youth in Advanced Economies Deteriorated?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 13(1), pages 203-238, May.

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