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Examines the main factors influencing unemployment at both an aggregate level and at an individual level and assesses the role of policies to bring unemployment down.
The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural characteristics of the labor market. It will outline the main elements of a comprehensive strategy to address the problem.
Unemployment is the most serious economic and social problem in Europe today. Although the extent varies from region to region, it is generally most extreme in large cities. This volume asks why European unemployment is so high and examines the policies adopted at local, national and European level to tackle the problems. It also includes five case
The crisis has intensified what was previously a chronic unemployment problem in Europe; youth unemployment is now at unprecedented highs in some European countries. This paper assesses the main drivers of youth unemployment in Europe. It finds that much of the increase in youth unemployment rates during the crisis can be explained by output dynamics and the greater sensitivity of youth unemployment to economic activity than adult unemployment. Labor market institutions also play a significant role in explaining the persistently high levels of youth unemployment, especially the tax wedge, minimum wages relative to the median wage, spending on active labor market policies, the opportunity cost of working (measured by the unemployment benefits), vocational training, and labor market duality. This suggests that policies to address youth unemployment should be comprehensive and country-specific, focused on reviving growth and advancing labor market reforms.
This book examines the everyday-life patterns of young adults under circumstances of vulnerability and precariousness. Its main focus is on the web of social relations that structure the everyday life of young people, for instance by providing resources and tools of solving problems, exerting pressures and voicing expectations, and shaping the person’s self-conception, identity, and well-being. Based on more than 120 in-depth interviews with young long-term unemployed in six European countries, this book puts social support and the young jobless’ webs of social relations at center stage. It expands knowledge by raising awareness of the multidimensionality and complexity of the social conditions of young jobless, drawing, on the one hand, a more differentiated picture of unemployment, vulnerability and social exclusion amongst young people and, on the other hand, taking a close look at the social reality of young adults’ unemployment in different European cities.
This book offers a state-of-the-art discussion of the political issues surrounding unemployment in Europe. Its unique combination offers both a policy and institutional perspective, whilst studying the viewpoint of individual civil society members engaging in collective action on the issue of joblessness. It is the result of Marco Giugni’s three year cross-national comparative research project, financed by the European Commission, united with hand picked contributions from invited experts. Throughout his study he focuses on how the EU approaches national unemployment, the main national differences in talk about unemployment and unemployment policy, and how the representatives of the unemployed produce and coordinate demands in relation to unemployment policy. This book contains a number of genuinely cross-national chapters along with sections on specific national cases, namely the UK, Ireland, Germany, Switzerland, Belgium and Sweden.
The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour demand and supply - in other words, to greater mismatch, but existing mismatch indicators do not support this view. However, the obvious inference is not legitimate because the evidence is based on trended data, and thus gives rise to spurious statistical results. To get around the problem, the author uses the dynamic flow approach to structural unemployment and disaggregated data. The reader will find new results on "non-spurious" mismatch tendencies, occupational reallocation, the matching of apprentices, and the importance of matching and mobility for wage differentials.