Abstract
Youth continue to face important labour market challenges today, often significantly greater than their adult counterparts. While unemployment rates have fallen in recent years, long-term unemployment remains persistently high as does the share of youth neither in employment nor in education or training. This raises concerns about the consequences of a prolonged joblessness among youth and the role of labour market policies in addressing these challenges. In this context, this chapter presents first, an overview of global youth labour market trends since the economic crisis, focusing on the developments in Europe. Second, the chapter examines the consequences of the current situation in Europe along several dimensions, notably the risk of detachment from the labour market and concerns about job quality. Finally, this chapter discusses valuable lessons learned on the effectiveness of youth labour market policies, using the European Youth Guarantee as a framework for the analysis of more specific measures.
The authors would like to thank Gianni Rosas and colleagues at the ILO Office for the European Union and the Benelux countries for invaluable comments. The authors are also grateful with Pablo Cornide from DG EMP at the EC for valuable observations and suggestions. The opinions expressed in this article and the conclusions drawn are the authors’ and do not necessarily represent the ILO or its policies.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Youth, unless otherwise stated, refers to persons aged 15–24.
- 2.
In Northern Europe, the youth unemployment rose significantly (to above 20%) but has experienced a stronger recovery in recent years.
- 3.
A more complete description of the implementation process of the European YG is presented in Escudero and López Mourelo (2014).
- 4.
Decision 2005/600/EC of 12 July 2005, OJ L 205, 6.8.2005, p. 21. See also EC (2012a).
- 5.
The starting age of the YG is country specific and depends on the age at completion of compulsory schooling. In Austria, for example, initiatives to ensure early intervention and activation start already on youth in the last 2 years of compulsory schooling (compulsory schooling ends at 15) through activities related to youth coaching.
- 6.
See Chap. 5 for a description of the implementation process of the YG scheme in Finland.
- 7.
Escudero and López Mourelo (2014) and Escudero (2015) describe in detail the effects that each of the interventions included in the YG (namely, training, labour intermediation services, hiring subsidies, public work programmes and start-up incentives) is expected to have according to economic theory.
- 8.
The New Deal programme for young people in England is very similar to the Nordic guarantees.
References
Besamusca, J., Stanescu, I., & Vauhkonen, J. (2012). The European youth guarantee: A reality check. Brussels: FEPS Young Academics Network.
Blundell, B., Costa Dias, M., Meghir, C., & Van Reenen, J. (2004). Evaluating the employment impact of a mandatory job search program. Journal of the European Economic Association, 2, 569–606.
Bussi, M., & Geyer, L. (2013). Youth Guarantees and recent developments on measures against youth unemployment: A mapping exercise. Brussels: European Trade Union Institute.
Caliendo, M., & Künn, S. (2014). Regional effect heterogeneity of start-up subsidies for the unemployed. Regional Studies, 48(6), 1108–1134.
Card, D., Kluve, J., & Weber, A. (2010). Active labor market policy evaluations: A meta-analysis. The Economic Journal, 120(548) (November), 452–477.
De Giorgi, G. (2005). The new deal for young people: Five years on. Fiscal Studies, 26, 371–383.
Dolton, P., & O’Neill, D. (1996). Unemployment duration and the restart effect: Some experimental evidence. The Economic Journal, 106(435), 387–400.
Escudero, V. (2015). Are active labour market policies effective in activating and integrating low-skilled individuals? An international comparison (Research Department Working Paper No. 3). Geneva: International Labour Office.
Escudero, V., & López Mourelo, E. (2014). El sistema de garantía juvenil en Europa: características, desarrollo y desafíos. ICE: Revista de economía, 881, 83–100.
European Commission. (2012a). Towards a job-rich recovery. Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions, 173 final, Brussels: European Commission.
European Commission. (2012b). Proposal for a council recommendation on establishing a Youth Guarantee, 729 final, December, Brussels: European Commission.
European Commission. (2016). The Youth Guarantee and Youth Employment Initiative three years on. Staff working document accompanying the document Communication from the Commission to the European Parliament, the European Council, the Council, the European Economic and Social Committee and the Committee of the Regions, SWD(2016) 323 final, October, Brussels: European Commission.
European Council. (2013a). Council recommendation of 22 April 2013 on establishing a Youth Guarantee, 2013/C 120/01, April, Brussels: European Council.
European Council. (2013b). Conclusions of the European Council of 27/28 June, EUCO 104/2/13, June, Brussels: European Council.
Graversen, K. B., & van Ours, J. C. (2008). How to help unemployed find jobs quickly: Experimental evidence from a mandatory activation program. Journal of Public Economics, 92, 2020–2035.
Hardoy, I., Røed, K., Torp, H., & Zhang, T. (2006). Virker ungdomsgarantien? (Does the youth guarantee work?). Institute for Social Research, Søkelys på arbeidsmarkedet 23.
International Labour Organization (ILO). (2012). Eurozone job crisis: Trends and policy responses, Studies on growth with equity. Geneva: International Institute for Labour Studies.
International Labour Organization (ILO). (2014). Spain: Growth with jobs, Studies on growth with equity. Geneva: Research Department.
Mascherini, M. (2012). Youth guarantee: Experiences from Finland and Sweden. Dublin: European Foundation for the Improvement of Living and Working Conditions.
Micklewright, J., & Nagy, G. (2010). The effect of monitoring unemployment insurance recipients on unemployment duration: Evidence from a field experiment. Labour Economics, 17, 180–187.
Organisation for Economic Co-operation and Development (OECD), & International Labour Office (ILO). (2014). Promoting better labour market outcomes for youth. Report on youth employment and apprenticeships prepared for the G20 Labour and Employment Ministerial Meeting, Melbourne, 10–11 Sept 2014.
Van den Berg, G. J., Bergemann, A. H., & Caliendo, M. (2009). The effect of active labor market programs on not-yet treated unemployed individuals. Journal of the European Economic Association, 7, 606–616.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG
About this chapter
Cite this chapter
Escudero, V., Kühn, S., López Mourelo, E., Tobin, S. (2018). Youth Labour Market Prospects and Recent Policy Developments. In: Malo, M., Moreno Mínguez, A. (eds) European Youth Labour Markets. Springer, Cham. https://doi.org/10.1007/978-3-319-68222-8_2
Download citation
DOI: https://doi.org/10.1007/978-3-319-68222-8_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-68221-1
Online ISBN: 978-3-319-68222-8
eBook Packages: Social SciencesSocial Sciences (R0)