Why is youth unemployment so high and different across countries?

Francesco Pastore

IZA World of Labor, 2018, No 420, 420

Abstract: In Germany, young people are no worse off than adults in the labor market, while in southern and eastern European countries, they fare three to four times worse. In Anglo-Saxon countries, both youth and adults fare better than elsewhere, but their unemployment rates fluctuate more over the business cycle. The arrangements developed in each country to help young people gain work experience explain the striking differences in their outcomes. A better understanding of what drives these differences in labor market performance of young workers is essential for policies to be effective

Keywords: youth disadvantage; experience gap and trap; school-to-work transition; dual/sequential education (search for similar items in EconPapers)
JEL-codes: E24 J2 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (23)

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