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The Political Economy of Youth Unemployment

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Unemployment, youth and policies

An in-depth investigation is working to answer questions regarding the role policy intervention plays in long-term youth unemployment.

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Youth unemployment and underemployment represent a growing challenge needing policy responses. In recent decades, this urgency is present not only in Europe but globally as well. Although policy measures have been implemented, the situation has not shown substantial improvement. Furthermore, unemployment in the EU and Eastern Europe has worsened due to the recent recession. Even young people who are employed in temporary work are likely to lose their jobs. Ways to limit the effects of an ageing population and overcome the negative economic consequences of a declining European labour force are needed. In light of this, the EU-funded YOUTHUNEMPLOYMENT (The political economy of youth unemployment) project is examining these issues through an in-depth and systematic investigation. Thus far, several international scientific meetings have been realised and results disseminated in a wealth of publications. Some of the areas covered include alternative labour market policies on youth unemployment and the analysis of the role of temporary work on youth unemployment. As a final result of the project, an empirical outline is planned that will show the condition of young people and of policy implications in both Eastern and Western Europe.

Keywords

Unemployment, policy intervention, youth unemployment, underemployment, political economy

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