Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/97185
Authors: 
Eichhorst, Werner
Neder, Franziska
Year of Publication: 
2014
Series/Report no.: 
IZA Policy Paper 80
Abstract: 
In all Mediterranean countries youth unemployment has reached alarming record levels. This paper analyses the current situation in France, Greece, Italy, Portugal, and Spain. In all countries school dropout rates are high, returns to education are low and the transition from education to work is problematic and difficult. This is due to a poor working vocational training system, the dualization of the labor market and minimum wages that are set too high. The Great Recession deteriorated the situation of young people, but youth unemployment is mostly structural. To overcome this crisis the overall performance of the labor market has to be improved.
Subjects: 
youth unemployment
Mediterranean countries
Europe
vocational training
JEL: 
J21
J23
J24
Document Type: 
Working Paper

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