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This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present substantial new evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people’s social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North.
This informative book discusses in depth the youth unemployment "problem" and examines the various policy responses to it, including education and training, and active labor market policy. It emphasizes the need for adequate labor market information, policy monitoring and program evaluation to help provide more and better quality jobs for young people --while also offering specific recommendations and guidelines for this age group in industrialized, transition and developing countries.
Persistent unemployment and rising wage differences at the expense of low-skilled workers has characterized the labor market in most developed countries. Since the last economic crisis, unemployment rates and pay inequalities have increased among workers under 25 years of age, thus creating an ever-widening financial gap for an entire generation. Those who do not have a qualification or post-secondary diploma often find themselves in precarious jobs at minimum wage. Countries are now working to adopt reforms to improve the situation of young people in the labor market. International Perspectives on the Youth Labor Market: Emerging Research and Opportunities provides emerging research exploring the theoretical and practical aspects of financial inequality and applications within global economics. Unlike literature that focuses only on developed countries, this book also addresses emerging economies whose labor market is often characterized by a dualism that makes the situation of young workers worse. Featuring coverage on a broad range of topics such as unemployment rate, labor reform, and job insecurity, this book is ideally designed for economists, government officials, policymakers, executives, managers, business professionals, researchers, academicians, and students.
Young People and Long-Term Unemployment examines the consequences of long-term unemployment for the personal, social, and political lives of young adults aged 18–34 across four European cities: Cologne (Germany), Geneva (Switzerland), Lyon (France), and Turin (Italy). Adopting a multidimensional theoretical framework aiming to bring together insights based on the contextual (macro), organizational (meso), and individual (micro) levels, and combining quantitative and qualitative data and analyses, it reaches a number of important conclusions. First, our study shows that the experience of long-term unemployment has a negative impact on different dimensions of young people’s lives. When compared to employed youth, unemployed youth are less satisfied with their lives, more isolated, and less independent financially. Second, however, there are important variations across the four cities. This means that, in spite of widespread retrenchments, in some places the welfare state still acts as a buffer against unemployment. Third, although young unemployed people participate in politics equally if not slightly more than employed youth, the young unemployed are often disconnected from politics. This is so even when they have important grievances to express in the face of high youth unemployment, precarious working conditions, and grim future perspectives on the labor market. This book will be useful for scholars interested in unemployment politics and youth politics, researchers and teachers in political science, sociology, and social psychology.
This study discusses in depth the youth unemployment "problem" and examines the various policy responses to it, including education and training, and active labour market policy. It emphasizes the need for adequate labour market information, policy monitoring and programme evaluation to help provide more and better-quality jobs for young people - while also offering specific recommendations and guidelines for this age group in industrialized, transition and developing countries, While analysing the characteristics, causes and consequences of youth unemployment, the study explores the nature of the youth labour market and how it differs from the labour market for other workers. It looks at minimum wages, as well as the pivotal role of education and training systems. It also identifies vital ILO instruments concerned with young people and examines the broader international policy challenges faced by many countries around the world. In particular, it discusses the failure of many countries to integrate young people into good, quality employment. Active labour market policies, both successful and unsuccessful, are evaluated, and the book looks closely at policies promoting wage employment, self-employment and programmes aimed at disadvantaged young people. The book reveals how youth unemployment is first and foremost a consequence of poor macroeconomic performance and suggests ways in which countries can formulate coordinated youth employment policies according to the state of their economies. In contrast to prevalent approaches in the literature, it emphasizes the need to go beyond a purely supply-side response. The study includes strategies for involving governments, as well as employers' and workers' organizations, in tackling youth unemployment and providing alternatives.