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Youth Unemployment: Aggregate Incidence and Consequences for Individuals

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  • Bruce Chapman
  • Matthew Gray

Abstract

This paper analyses the incidence and impact of unemployment among young Australians. It is argued that the scale and seriousness of the current youth problem are often overstated. There is no evidence that the aggregate unemployment experience of young Australians has changed over the last two decades. The groups of young people most at risk of unemployment are identified. While the overall scale of the problem is not worsening, some of the young unemployed face adverse future labour market outcomes. It is argued that while there is a role for specific policies targeted on young people, these need to be accompanied by policies that involve managing aggregate demand.

Suggested Citation

  • Bruce Chapman & Matthew Gray, 2002. "Youth Unemployment: Aggregate Incidence and Consequences for Individuals," CEPR Discussion Papers 459, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    • Handle: RePEc:auu:dpaper:459
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    File URL: https://www.cbe.anu.edu.au/researchpapers/CEPR/DP459.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Vespignani, Joaquin L. & Yanotti, Maria Belen, 2020. "COVID-19 and Tasmanian Youth Unemployment: A Policy Recommendation," MPRA Paper 101158, University Library of Munich, Germany, revised 2020.
    2. Gianni ROSAS & Giovanna ROSSIGNOTTI, 2005. "Starting the new millennium right: Decent employment for young people," International Labour Review, International Labour Organization, vol. 144(2), pages 139-160, June.
    3. Scott Baum & William Mitchell, 2008. "Adequate Employment, Underutilisation and Unemployment: an Analysis of Labour Force Outcomes for Australian Youth," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 11(3), pages 187-201.

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