2013Archive of European Integration (AEI) (University of Pittsburgh)Requires access

States of Uncertainty: Youth Unemployment in Europe. Report

Spencer Thompson

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Abstract

Youth unemployment is one of the biggest problems facing Europe. It has increased substantially in most countries since the 2008–2009 financial crisis, but has been rising relative to the unemployment rate of older adults for far longer. This report presents new statistical analysis of the problem, and uses the results to assess the different roles that education and training, business behaviour and labour market institutions play in young people’s transition from compulsory schooling to a job suitable to their level of skills and qualifications. It concludes that policymakers need to focus on this transition in its entirety, rather than on narrow labour-market measures, if they are to reduce youth unemployment and improve the prospects of young people across Europe.

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Youth unemployment is one of the biggest problems facing Europe. It has increased substantially in most countries since the 2008–2009 financial crisis, but has been rising relative to the unemployment rate of older adults for far longer. This report presents new statistical analysis of the problem, and uses the results to assess the different roles that education and training, business behaviour and labour market institutions play in young people’s transition from compulsory schooling to a job suitable to their level of skills and qualifications. It concludes that policymakers need to focus on this transition in its entirety, rather than on narrow labour-market measures, if they are to reduce youth unemployment and improve the prospects of young people across Europe.

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Available abstract

Youth unemployment is one of the biggest problems facing Europe. It has increased substantially in most countries since the 2008–2009 financial crisis, but has been rising relative to the unemployment rate of older adults for far longer. This report presents new statistical analysis of the problem, and uses the results to assess the different roles that education and training, business behaviour and labour market institutions play in young people’s transition from compulsory schooling to a job suitable to their level of skills and qualifications. It concludes that policymakers need to focus on this transition in its entirety, rather than on narrow labour-market measures, if they are to reduce youth unemployment and improve the prospects of young people across Europe.

Key concepts: Youth unemployment, Unemployment, Financial crisis, Economics, Labour economics, Unemployment rate, Active labour market policies, Demographic economics

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