Young People and the Great Recession

David Bell and David Blanchflower

No 5674, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs on individuals and society well into the future. Though the effects of current policies on youth unemployment are uncertain, there is still a strong case for policy intervention to address the difficulties that the young are having in accessing employment.

Keywords: youth; unemployment (search for similar items in EconPapers)
JEL-codes: J01 J11 J21 J23 J38 J64 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2011-04
New Economics Papers: this item is included in nep-lab and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (259)

Published - published in: Oxford Review of Economic Policy, 2011, 27 (2), 241 - 267

Downloads: (external link)
https://docs.iza.org/dp5674.pdf (application/pdf)

Related works:
Journal Article: Young people and the Great Recession (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp5674

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().