Labor Market Uncertainties for Youth and Young Adults: An International Perspective

AuthorYi Yang,Wei-Jun Jean Yeung
DOI10.1177/0002716220913487
Published date01 March 2020
Date01 March 2020
ANNALS, AAPSS, 688, March 2020 7
DOI: 10.1177/0002716220913487
Labor Market
Uncertainties
for Youth and
Young Adults:
An
International
Perspective
By
WEI-JUN JEAN YEUNG
and
YI YANG
913487ANN The Annals of The American AcademyLabor Market Uncertainties for Young People
research-article2020
A crisis for youth labor market conditions has been
building globally for more than two decades, reflected in
the persistently high rates of youth unemployment
around the world, which is about three times as high as
that for adults. About one in five young people are not in
education, employment, or training, and a large share of
young adults are working in the informal economy or in
precarious conditions. This volume includes a collection
of thirteen articles that examine the causes, patterns, and
consequences of labor market uncertainties for youth
and young adults in Europe, Latin/South America, the
United States, and Asia, as well as a concluding article.
They reveal vast inequalities among young people, with
those having the least education and lowest skills,
females, those with low family socioeconomic status
(SES), ethnic minorities, and migrants being the most
vulnerable. In this introduction, we describe the global
trends and regional variation in labor market conditions
for young people, explicate the importance of integrating
young people into labor markets, and summarize the
findings and policy implications of these articles.
Keywords: youth unemployment; transition to adult-
hood; school-to-work transition; NEET;
precarious work; international comparison
Around one fifth of the world’s young people are
not in employment, education or training. Despite
economic recovery, unemployment remains high,
and youth are more likely to be unemployed than
adults around the world. Low productivity levels,
informality and working poverty remain major
challenges, and as populations age, today’s young
workforce will have to increasingly support
elderly persons. These global conditions require
concerted efforts to ensure that young women
and men have access to decent jobs. (International
Labour Organization 2017, 11)
A
crisis for youth labor market conditions has
been building globally for more than two
decades as reflected in the persistently high
rates of youth unemployment. The International
Labour Organization (ILO) reported that the
world youth (ages 15–24) unemployment rate
Correspondence: socywj@nus.edu.sg

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT