The Crisis Of Global Youth Unemployment

Since the economic and financial crisis of 2008, the proportion of unemployed young people has exceeded any other group of unemployed adults. This phenomenon marks the emergence of a laborscape. This concept recognizes that, although youth unemployment is not consistent across the world, it is a coherent problem in the global political economy. This book examines this crisis of youth unemployment, drawing on international case studies. It is organized around four key dimensions of the crisis: precarity, flexibility, migration, and policy responses. With contributions from leading experts in the field, the chapters offer a dynamic portrait of unemployment and how this is being challenged through new modes of resistance. This book provides cross-national comparisons, both ethnographic and quantitative, to explore the contours of this laborscape on the global, national, and local scales. Throughout these varied case studies is a common narrative from young workers, families, students, volunteers, and activists facing a new and growing problem. This book will be an imperative resource for students and researchers looking at the sociology of globalization, global political economy, labor markets, and economic geography.

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.

Offering guidance on the opportunities and threats for future generations, and featuring interviews with business leaders, this book provides a constructive look at change. It directs the youth to become job creators, not job seekers, and to approach the corporate and political worlds with an entrepreneurial mind-set.

This report examines the vulnerability of youth to unemployment and the shortage of decent work. It shows where progress has or has not been made in terms of tapping the energy, talent, and creativity of young people for the benefit of the economy's productive potential. It updates the world and regional youth labor market indicators and gives detailed analyses of longer-term trends in youth population, labor force, and employment, while providing a first glimpse at new estimates of working poverty among youth. The report shows that the impacts of the economic crisis have been disproportionately severe for young people around the world. It also offers valuable lessons learned from evaluating youth employment programs.

In this innovative book, Professor Alan France tells the story of what impact the 2007 global crisis and the great recession that followed has had on our understandings of youth. Drawing on eight countries as case studies he undertakes an in-depth sociological analysis of historical and contemporary developments in post-sixteen education, training, work, and welfare policy to show how the ecological landscape of youth has been affected. He maps the growing influence of neoliberalism as a political strategy in each of the countries, showing how, after the crisis, it is accelerating the reconfiguration of institutions and practices that are central to the lives of the young. This book is essential reading for students of youth studies, sociology and policy, seeking a greater understanding of international public and social policy in relation to the youth question.

The recent recession has led to an ongoing crisis in the youth labour market in Europe. This timely book deals with a number of areas related to the context, choices and experiences of young people, the consequences of which resonate throughout their lives. The focus of the contributions to this volume is on issues which, whilst undoubtedly important, have thus far received less attention than they arguably deserve. The first part of the book is concerned with issues related to education and training, covering matters such as the role of monopsony in training, the consequences of over-education, and the quality of educational institutions from primary to tertiary. The second part is primarily concerned with the long-term consequences of short-term choices and experiences including contributions on health-related choices, health consequences later in life, factors affecting the home-leaving decision, as well as an analysis of the increasing intergenerational transmission of inequality; a trend which accelerated during the recession. The last part of the book deals with issues related to youth unemployment and NEET – the direct consequence of the recession. This book contains a number of innovative analyses reporting significant findings that contrast with standard models. Some of the more interesting results directly contradict conventional wisdom on a number of topics from the importance of monopsony in training markets to the importance of transitory income changes on consumption of addictive goods. This book is suitable for those who study labor economics, political economy as well as employment and unemployment.

Reviews the characteristics of the youth employment crisis in its quantitative and qualitative dimensions across different regions and countries, and discusses new emerging challenges, such as educated unemployment and the increasing "detachment" of youth from labour markets. Analyses the patterns of interventions and policies implemented by countries around the world since the last general discussion. Highlights the key lessons that can be drawn from the experience of, and the responses to, the global financial crisis. Covers a broad range of the policy areas included in the conclusions of the Conference's 2005 discussion, ranging from macroeconomic considerations to labour market policies and programmes, entrepreneurship development, rights and labour markets institutions, social protection and other factors affecting the demand and supply and the quantity and the quality of employment.

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.