The Great Recession and Youth Labor Market Outcomes in International Perspective

Author(s):  
Arnaldo Mont'alvao ◽  
Jeylan T. Mortimer ◽  
Monica Kirkpatrick Johnson
2019 ◽  
Vol 136 ◽  
pp. 71-110 ◽  
Author(s):  
Shubha Chakravarty ◽  
Mattias Lundberg ◽  
Plamen Nikolov ◽  
Juliane Zenker

SERIEs ◽  
2021 ◽  
Author(s):  
Samuel Bentolila ◽  
Florentino Felgueroso ◽  
Marcel Jansen ◽  
Juan F. Jimeno

AbstractYoung workers in Spain face the unprecedented impact of the Great Recession and the COVID-19 crisis in short sequence. Moreover, they have also experienced a deterioration in their employment and earnings over the last three decades. In this paper, we document this evolution and adopt a longitudinal approach to show that employment and earnings losses suffered by young workers during recessions are not made up in the subsequent expansions. We also estimate the size of the scarring effects of entering the job market in a recession for college-educated workers during their first decade in the labor market. Our empirical estimates indicate that while there is some evidence of scarring effects, the driving force is a trend worsening of youth labor market outcomes.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Andrés Ham ◽  
Darío Maldonado ◽  
Carlos Santiago Guzmán-Gutiérrez

Abstract This paper characterizes the labor market of youth in Colombia from 2008 to 2017. We estimate labor market indicators for individuals aged between 14 and 28 years using microdata from Colombia's household surveys over the study period. Our estimates document the main patterns and trends in the labor market of youth in labor force participation, employment, unemployment, informality, and earnings. We compare these statistics with the same indicators of adults (individuals aged between 29 and 65 years), and explore differences in characteristics within youth such as gender, region, educational attainment, socioeconomic status (SES), and experience. Results indicate that participation rate of young Colombians have increased in recent years, but are mainly employed in low-quality jobs namely unsalaried and informal. We also document marked inequalities in labor market outcomes across youth characteristics. We provide a series of recommendations to guide future youth labor policy based on these estimates as well as the critical analysis of recent youth policies in Colombia.


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