EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/35874
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorVerick, Sheren_US
dc.date.accessioned2009-11-06en_US
dc.date.accessioned2010-07-07T12:03:39Z-
dc.date.available2010-07-07T12:03:39Z-
dc.date.issued2009en_US
dc.identifier.piurn:nbn:de:101:1-20091105792en_US
dc.identifier.urihttp://hdl.handle.net/10419/35874-
dc.description.abstractThe current financial and economic crisis has resulted in the worst global recession since World War II. The subsequent destruction of jobs and increased duration of joblessness will ensure that unemployment across the world will continue to rise and stay stubbornly high for some time to come, well after the economy has begun to recover. Beyond this generalization, such downturns have more adverse implications for vulnerable segments of the population such as youth. As presented in this paper, data for both the current and previous financial crises reveals that young people are indeed hit hardest as reflected by rising unemployment rates, which persist long after the economy is growing again. In the wake of the present downturn, young men have been particularly affected, which has been driven by a range of factors including the high proportion of young men in heavily impacted sectors such as construction. In response to this situation, policymakers should utilize targeted crisis interventions that aim to keep youth employed where possible, while also assisting new entrants and those who have lost jobs find employment (or at a minimum stay attached to the labour force), particularly as the economy recovers.en_US
dc.language.isoengen_US
dc.publisherForschungsinst. zur Zukunft der Arbeit Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4359en_US
dc.subject.jelG01en_US
dc.subject.jelJ21en_US
dc.subject.jelJ64en_US
dc.subject.jelJ68en_US
dc.subject.ddc330en_US
dc.subject.keywordUnemploymenten_US
dc.subject.keywordyouth unemploymenten_US
dc.subject.keywordfinancial crisisen_US
dc.subject.stwFinanzmarktkriseen_US
dc.subject.stwWirtschaftskriseen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwJugendarbeitslosigkeiten_US
dc.subject.stwIndustriestaatenen_US
dc.titleWho is hit hardest during a financial crisis? The vulnerability of young men and women to unemployment in an economic downturnen_US
dc.typeWorking Paperen_US
dc.identifier.ppn612362876en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
612362876.pdf1.27 MBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.