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  • August 2016 Newsletter
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Bloomsbury
IZA World of Labor Bulletin
August 2016
 
Spotlight on: Youth unemployment
Youth unemployment

A recent survey commissioned by the European Parliament shows that fighting unemployment is high in people’s priorities, second only to fighting terrorism. Of the 28,000 people surveyed, 77% want more EU action in tackling unemployment. While the EU unemployment rate at 8.6% is at its lowest since 2009, youth unemployment is higher at 18.6%. 

In many OECD countries the youth unemployment rate is more than double the overall unemployment rate. In Greece youth unemployment was 47.4% in April 2016 compared to an overall unemployment rate of 23.3% and in Spain it was 45.8% compared to an overall unemployment rate of 20%.

Below are some further articles on youth unemployment:

  • Jochen Kluve, Youth labor market interventions
  • Lisa Dettling, Effects of entering adulthood during a recession 
  • Bart Cockx, Do youths graduating in a recession incur permanent losses?

With nearly one in five Europeans not in employment, education, or training, long-term unemployment is a major concern for policymakers. Jochen Kluve writes “Reducing youth unemployment and generating more and better youth employment opportunities are key policy challenges worldwide. Active labor market programs for disadvantaged youth may be an effective tool in such cases, but the results have often been disappointing in OECD countries.”

Bart Cockx explains in his article that youths graduating in a recession may incur penalties that last ten years or more, especially for those that are highly-educated and in a rigid labor market and Lisa Dettling concludes that young adults experienced declines in employment and earnings in the Great Recession and may experience a persistent reduction in future earnings.

Find out more about youth unemployment

Top stories
News and views in labor economics
  • Nearly one in five young Europeans are not in employment, education, or training, research finds. Find out more about youth unemployment.
  • More than half (52%) of all women and nearly two-thirds (63%) of women aged 18–24 in the UK have been sexually harassed at work, according to a new study conducted by the TUC and the Everyday Sexism Project. Read more about workplace discrimination.
  • President Xi Jinping is seeking overseas talent to help drive the transition of China’s economy from manufacturing and investment to consumer spending and innovation, according to unnamed sources. Learn more about transition and emerging economies.
Latest articles
Newly published articles from IZA World of Labor
  • Do youths graduating in a recession incur permanent losses?, by Bart Cockx
  • Migration and female genital mutilation, by Sandrine Mesplé-Somps
  • The relationship between recessions and health, by Nick Drydakis
  • Ethnic networks and location choice of immigrants, by Sholeh A. Maani
  • Can higher education reduce inequality in developing countries?, by Abebe Shimeles      

Visit the IZA World of Labor site for more concise, informative, evidence-based articles across the spectrum of labor economics.

Commentary
Recently published opinion pieces
  • Impatience, schooling, and happiness, by Brian C. Cadena
  • How can knowledge and new ideas be turned into jobs?, by David B. Audretsch
  • Does performance-related pay improve productivity?, by Claudio Lucifora

Read more opinion pieces here.

Publishing soon - Information for journalists
Please contact Anna.VonHahn@Bloomsbury.com for more information, if you would like exclusive access to an article, or for an exclusive author interview.
  • How to minimize lock-in effects of programs for unemployed workers: Determining the appropriate timing and targeting of these programs can help improve their cost-effectiveness.
  • How immigration affects investment and productivity in host and home countries: Immigration may boost foreign direct investment, productivity, and housing investment.
  • Immigrants' occupational mobility – Down and back up again: The occupational status of most immigrants initially declines but then increases.
  • Do global value chains create jobs in developing countries? Labor market impacts of integrating into global chains depend on lead firms, specialization, skills, and institutions.
Events
Upcoming events and calls for papers
  • 31st Annual Congress of the European Economic Association (EEA), 22-26 August. The joint committee of the University (Geneva School of Economics and Management) and the Graduate Institute of International Development Studies of Geneva will host the 31st annual congress of the European Economic Association and the 69th meeting of the Econometric Society.
  • 4th IZA Conference on Labor Market Effects of Environmental Policies, 1-2 September. IZA aim to bring together researchers analyzing wide labor market impacts of environmental policies. Submissions of papers providing credible empirical evidence regarding effects on sector energy prices, industrial output, and employment and more are encouraged. Find full information here.
  • 31st annual Conference of the Italian Association of Labor Economists, 22-23 September. The conference will be hosted by the University of Trento, and the program includes invited lecturers, and parallel and poster sessions, as well as providing the opportunity to analyze and discuss issues related to the functioning of the labor market as well as develop research collaborations.
  • What Works Global Summit, 26-29 September. The Campbell Collaboration, the Centre for Evidence and Social Innovation (Queen's University Belfast), the International Initiative for Impact Evaluation (3ie), and Sense about Science announce the first What Works Global Summit.
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