Advances in Business Strategy and Competitive Advantage - International Perspectives on the Youth Labor Market
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Published By IGI Global

9781799827795, 9781799827818

Author(s):  
Wendy Ida Elisabeth Wesseling

Scholars from different fields have studied youth unemployment: its causes, consequences, and ways to tackle it. This chapter provides an overview of the most important results with a specific focus on effectiveness. Among the topics reviewed are the need for research regarding effectiveness, different methods to study effectiveness, and how the results of these methods are appraised. Then other factors than the research design are described to assess the practical significance of ALMPs, followed by a description of the results of recent reviews and meta-analyses. Finally, some selected factors that impact ALMP effectiveness are discussed. This chapter ends with a discussion of current debates and identification of future research opportunities.


Author(s):  
Jose Ernesto Rangel Delgado ◽  
Antonina Ivanova Boncheva

The articulation of higher education and employment acquires special relevance due to its impact to the youth labor market. Some of the tendencies in the Mexican economy during the sixties and seventies and the beginning of the eighties until the 21st century are the following: the expansion of educational coverage, the urbanization of development and labor market, as well as the middle-class consolidation and graduate exclusion of the labor market. These factors oriented the higher education predominantly to human resources generation, firstly, for the industrial sector and, secondly, for the tertiary sector of the knowledge society with a large unemployment and underemployment of graduates.


Author(s):  
Samir Amine ◽  
Wilner Predelus

In Canada, recent data show a marked improvement in the youth unemployment rate for the first time since the last recession, although their participation in the labor force remains below the expected thresholds. In the context of a historically low unemployment rate, this chapter aims to dig deeper into the data to understand how youth has fared in the labor market since the last recession compared to the older people, and mainly in the area of gender disparities. In this context, the authors analyze the unemployment and the participation rates by age and by sex. Furthermore, they provide an insight on the youth regional unemployment rates.


Author(s):  
Nitin Bisht ◽  
Falguni Pattanaik

Sustainable Development Goals (SDGs) 2030 prioritizes active engagement of youth in achieving the targets. Aligning the pathway towards achieving youth specific SDGs (Target 4.4 and 8.5), the study examines the current situation of the youth labour market in India. For this purpose, the study analyzes National Sample Survey data on employment and unemployment from 50th round (1993/94) to 68th round (2011/12). The study engages trend analysis of key indicators of labour market. Logistic regression is applied to address the magnitude of socio-economic and demographic determinants on youth employment. The study finds an overall decline in the employment status of youth despite the ongoing demographic dividend phase. Postgraduate and graduate youth witness the highest unemployment indicating a grim role of labour market in engaging the educated youth. The findings raise concern for achieving the targets of SDGs, as a high share of educated youth strives for decent and gainful employment.


Author(s):  
Cristian Camilo Vargas Miranda

The labour market has brought new mutations with the impact of globalization, the changes that have been taken internally in the face of the labour law, the recommendations and new conventions that have arisen within the International Labour Organization (ILO), and even with the environmental policies taken by states concerning the climatic phenomena that have been presented in recent times. The technological changes inherent in globalization, the expansion of the economy and the general market between states, and the subscription of free trade agreements have generated modernization in the face of the natural conception of the world of work, thus allowing the flexibility in the existing contractual modalities in labour law of Colombia.


Author(s):  
Manuel Salas-Velasco

A sample of 30,379 Spanish university graduates from the class of 2010, surveyed four years after graduation, informed, on the one hand, if their positions needed a university degree and, on the other hand, what was the most appropriate study area for these positions. This chapter identified four situations of educational mismatch: appropriate match, horizontal mismatch, vertical mismatch, and vertical and horizontal mismatch. By estimating a multinomial logistic regression, this chapter categorized university degrees in each of those four categories. A significant percentage of them ended up in jobs that didn't require a university degree. Only graduates in Medicine increased the probability of being well-matched in their first and current jobs. The results also indicated that a considerable percentage of graduates (30%) who were mismatched in their first job became well-matched in their current employment after moving to a different firm.


Author(s):  
Olga Papadopoulou

This chapter provides an overview of the situation of those young individuals who are Not in Employment, Education, or Training (NEET) for the years of 2008-2018. The chapter examines the evolution of NEET rates, shortly after the Great Recession and for a decade, in the European Union in total and then by gender and educational level. A special focus is given to Greece, an ideal case study, since crisis transformed the national labor market, revealing signs of insecurity. Last but not least, special attention will be given toward measures of reformation of labor market policy as a means of responding to the emerging situation of NEETs.


Author(s):  
Selda Gorkey

This study examines the impact of the 2008 economic crisis on youth unemployment and NEETs in the Central and Eastern European Countries (CEECs). It also analyses structural labor market problems in these economies such as youth unemployment by duration and skill, labor underutilization, and mismatch. The findings show that youth unemployment and NEET rates were more sensitive to the crisis in the CEECs compared to those in the EU-28. The highest increases were experienced in Latvia, Lithuania, Estonia, and Croatia for youth unemployment; and in Bulgaria, Latvia, Croatia, and Romania for youth NEETs. The NEET rates of 15-29 ages emerged as a more crucial issue than that of 15-24 ages. The examination of labor market structural problems shows that most of the relevant proxies worsened after the crisis in the CEECs; however, the proxies for Croatia were higher than the others. Romania, Bulgaria, and Slovak Republic also signal some structural problems, to a lesser extent.


Author(s):  
Scott Baum ◽  
Michael Flanagan ◽  
Bill Mitchell

In the wake of the Global Financial Crisis, although the Australian economy remained largely buoyant in aggregate terms, outcomes across different groups were not evenly shared. In labor market terms, different demographic groups appeared to more or less impacted by the post-GFC economic environment. One such group were young people, who witnessed a change in employment fortunes compared to others in the labor force. This chapter provides an investigation of these uneven labor market outcomes and presents an analysis of youth labor underutilization using pooled panel data, taking account of both individual level supply-side factors together with the strength of the local labor market (demand-side). The result is an analysis that accounts for the impact of changing macroeconomy, local labor market conditions, and the employability assets of young individuals. The result illustrates the impact of the post-GFC economy of the youth labor market.


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