Youth unemployment and youth employment policies in Italy
Floro Ernesto Caroleo
Abstract
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Floro Ernesto Caroleo
Abstract
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The labour market in Italy is characterised by the following structurally specific features: 1) Regional differentials. In 1996 the unemployment rate was between 7% and 10% in Central and Northern regions, while it was over 21% in the South where, moreover, the participation rate was also low, especially for women (37% in the North and Centre, 28% in the South);2) Unemployment is highest for young people. In 1996 the unemployment rate of the 15-29 year old labour force (25.8%), in Italy, was more than double that of the total working age population and the youth problem is much greater in the South where the unemployment rate of 15-29 year olds rises to 45.3%; 3) The low rate of employment is mainly due to the lower female rate of employment (36.2%) that is far inferior than the EU average rate of employment (49.7%). Why is the youth unemployment rate so high?
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The labour market in Italy is characterised by the following structurally specific features: 1) Regional differentials. In 1996 the unemployment rate was between 7% and 10% in Central and Northern regions, while it was over 21% in the South where, moreover, the participation rate was also low, especially for women (37% in the North and Centre, 28% in the South);2) Unemployment is highest for young people. In 1996 the unemployment rate of the 15-29 year old labour force (25.8%), in Italy, was more than double that of the total working age population and the youth problem is much greater in the South where the unemployment rate of 15-29 year olds rises to 45.3%; 3) The low rate of employment is mainly due to the lower female rate of employment (36.2%) that is far inferior than the EU average rate of employment (49.7%). Why is the youth unemployment rate so high?
Key concepts: Youth unemployment, Unemployment, Order (exchange), Labour economics, Active labour market policies, Politics, Full employment, Economics