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- The Impact of Youth Unemployment on Economic Growth
Investing in youth employment can help mitigate the long-term consequences of unemployment, such as the “scarring” effect that makes it harder for individuals to secure employment later in life
- Youth Unemployment: Causes and Long-Term Economic Impact
Youth unemployment is a multifaceted issue with far-reaching consequences for individuals and societies Understanding its economic causes, social implications, and long-term effects is essential for crafting effective solutions
- The Long-Term Effects of Youth Unemployment | Journal of . . .
Using NLSY data, we examine the long-term effects of youth unemployment on later labor market outcomes Involuntary unemployment may yield suboptimal investments in human capital in the short run A theoretical model of dynamic human capital investment predicts a rational “catch-up” response
- The long-term consequences of youth unemployment
The fallout from a lack of early support for young people includes lower earnings in the long run, a higher likelihood of future unemployment and challenges around health and job satisfaction It is concerning, then, that 11 per cent of young people are not employed or in education or training
- Youth Employment: Impact, Challenges and Opportunities for . . .
Youth unemployment, in particular long-term youth unemployment, can generate frustration and low self-esteem, and can lead to increased vulnerability among some young people to drugs,
- Long-Term Labour Market Scarring on Youth from Economic . . .
In 2021, Canada’s rate of youth who are not in employment, education or training, reached its highest level in over a decade A 1% increase in the provincial youth unemployment rate during the year of graduation is associated with a 0 7% decline in earnings for five years after graduation
- Youth 2020 — Preventing Another Lost Generation? - ResearchGate
The potential scarring effects of long-term youth unemployment and social disengagement have for many years challenged policymakers to develop successful and sustainable interventions
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