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Dohmen, Dieter
Karsin, Zein
Yelubayeva, Galiya
Year of Publication: 
Series/Report no.: 
FiBS-Forum No. 72
The financial crisis led to rising unemployment levels for adult as well as for youth. The unemployment level rose across the EU 27 after 2008 and peaked only in 2013, i.e. decline started only from 2014 onwards. The middle and high qualified youth (20-29 years old) had the lowest percentage point increase in unemployment between 2007 and 2013, which rose from 7 percent to 11 percent, and managed to reach their pre-crisis levels by 2017. While the low qualified youth were disproportionately hit by the crisis, witnessing an increase in unemployment levels from 13 to 22 percent between 2007 and 2013. Moreover, they have also not managed to return to their pre-crisis unemployment level in 2019.However, it should be noted that while youth unemploymentincreased more in absolute terms relative increase as well as relative difference to overall employment did not change much. This indicates a level effect rather than a mere age effect. [...]
Abstract (Translated): 
Die neue Studie 'Youth Unemployment in Times of Crises in the EU 27' des FiBS Forschungsinstituts für Bildungs- und Sozialökonomie untersucht die Jugendarbeitslosigkeit in der EU in der Folge der Finanz- und Wirtschaftskrise 2008/09 und verknüpft diese mit einer ersten Schätzung, wie die Jugendarbeitslosigkeit nach der Corona-Krise zunehmen könnte. Demnach könnte die Arbeitslosigkeit von Geringqualifizierten sogar die 40-Prozent-Marge überschreiten, allerdings erst Mitte der 2020er Jahre. Weiterhin wird die Arbeitslosigkeit von Männern möglicherweise höher sein als die von Frauen.
Document Type: 
Research Report

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