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Earnings, Expected Earnings, and Unemployment Amongst School Leavers

Brian G. M. Main

Chapter 8 in From School to Unemployment?, 1987, pp 145-184 from Palgrave Macmillan

Abstract: Abstract The recent recession which has been marked by alarmingly high levels of adult unemployment has brought with it an even more dramatic increase in the level of youth unemployment. This event has sharpened existing concern at what had been seen as an increasing trend to higher levels of unemployment among young persons throughout the 1970s. Two main aspects of youth labour have been singled out as possible contributors to the problem. One is the price, or wage rates, of youth labour and the other is the quality of that labour. This chapter attempts to shed some light on these two issues by discussing the situation of one particular group within the youth labour market, namely school leavers. Data used in the paper come from the 1983 Survey of Scottish School Leavers and pertain to those who left school during the academic year 1981–2.

Keywords: Labour Market; Wage Rate; Wage Equation; Reservation Wage; Youth Unemployment (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18942-7_8

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DOI: 10.1007/978-1-349-18942-7_8

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