The Youth Labor Market Problem: Its Nature, Causes, and Consequences (National Bureau of Economic Research Conference Report)

This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs. Monograph on youth unemployment and labour market trends, causes and consequences in the USA - discusses the theoretical background, labour force participation, young worker occupational structure (incl. Woman workers and blacks), labour turnover, effect of unemployment on later wages, related social problems and impact of schooling, educational level, vocational education, work experience, family background, race, minimum wages, etc., and provides comparisons with the UK. Graphs, references and statistical tables Edited By Richard B. Freeman And David A. Wise. Includes Bibliographies And Indexes. Youths and young adults have traditionally worked less than older persons.