Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36286 
Year of Publication: 
2009
Series/Report no.: 
IZA Discussion Papers No. 4455
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
There is a growing belief that the recession has run its course and that the goods market has started a period of slow, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will return to its 2007 level in the medium term. In this paper, we argue that recovery is by no means guaranteed and that the consequences for unemployment may be worse than anticipated.
Subjects: 
Unemployment
youth
JEL: 
J64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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