How are Youth Faring in the Labor Market? Evidence from Around the World

This paper uses a new standardized micro database for a large set of developing countries to (1) describe the patterns of labor market outcomes for youth, and (2) explain the contributions of supply and demand factors to youth outcomes. The paper shows that youth face various difficulties in transitioning to work. This is reflected in their relatively higher unemployment rate, higher incidence of low paying or unpaid work, and a large share of youth who are neither working nor in school. This is especially true for young girls who are found outside the labor market, some engaged in home production. Finally, the paper also finds that cross-country estimates show that changes in the youth relative cohort size is unlikely to have a large effect on how youth are faring in the labor market.

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Bibliographic Details
Main Authors: Fares, Jean, Montenegro, Claudio E., Orazem, Peter F.
Language:English
en_US
Published: World Bank, Washington, DC 2006-11
Subjects:ADULT MALE, ADULT MEN, AGE GROUP, AGE GROUPS, AGGREGATE UNEMPLOYMENT, AVERAGE UNEMPLOYMENT, BUSINESS CYCLE, BUSINESS CYCLES, CHILD CARE, DEVELOPING COUNTRIES, EDUCATIONAL ATTAINMENT, EDUCATIONAL LEVEL, ELDERLY, EMPLOYMENT, EMPLOYMENT INCREASE, EMPLOYMENT OUTCOMES, EMPLOYMENT PROSPECTS, EMPLOYMENT TRENDS, FAMILIES, FAMILY LABOR, FAMILY SUPPORT, FEMALE EMPLOYMENT, FINDING WORK, HIGH UNEMPLOYMENT, HIGH UNEMPLOYMENT RATE, HIGH UNEMPLOYMENT RATES, HOUSEHOLD CHARACTERISTICS, HOUSEHOLD ENTERPRISE, HOUSEHOLD ENTERPRISES, HOUSEHOLD INCOME, HOUSEHOLD RESPONSIBILITIES, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HOUSEHOLD WORK, HUMAN CAPITAL, HUMAN RESOURCES, INCOME SUPPORT, INFORMAL EMPLOYMENT, INFORMAL SECTOR, JOB EXPERIENCE, JOB SEARCH, JOBLESS RATE, JOBS, LABOR DEMAND, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR MARKET, LABOR MARKET CONDITIONS, LABOR MARKET DEMAND, LABOR MARKET INDICATOR, LABOR MARKET INDICATORS, LABOR MARKET NEEDS, LABOR MARKET OUTCOMES, LABOR MARKET SUCCESS, LABOR MARKETS, LABOR SUPPLY, LEVEL OF DEVELOPMENT, LEVEL OF EDUCATION, LOW UNEMPLOYMENT, LOW UNEMPLOYMENT RATE, MALE, MALE LABOR FORCE, MALE YOUTH, MIGRATION, OLDER MEN, OLDER WOMEN, OLDER WORKERS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POOR HOUSEHOLDS, PRODUCTIVE ACTIVITIES, PROGRESS, RESPECT, RURAL AREAS, RURAL LABOR, RURAL LABOR MARKETS, RURAL RESIDENTS, RURAL YOUTH, SCHOOL AGE, SCHOOLS, SECONDARY SCHOOL, STATE UNIVERSITY, TEENS, UNEMPLOYED, UNEMPLOYED POPULATION, UNEMPLOYMENT, UNEMPLOYMENT PROBLEMS, UNEMPLOYMENT RATE, URBAN AREAS, URBAN YOUTH, URBAN YOUTH EMPLOYMENT, WORK ACTIVITIES, WORKING-AGE POPULATION, YOUNG FEMALES, YOUNG GIRLS, YOUNG MALE, YOUNG MALES, YOUNG MEN, YOUNG PEOPLE, YOUNG WOMEN, YOUTH, YOUTH ACTIVITIES, YOUTH DEVELOPMENT, YOUTH EMPLOYMENT, YOUTH GROUP, YOUTH LABOR, YOUTH POPULATION, YOUTH RATES, YOUTH UNEMPLOYMENT, YOUTH UNEMPLOYMENT RATE, YOUTH UNEMPLOYMENT RATES,
Online Access:http://documents.worldbank.org/curated/en/2006/11/7212543/youth-faring-labor-market-evidence-around-world
https://hdl.handle.net/10986/8854
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Summary:This paper uses a new standardized micro database for a large set of developing countries to (1) describe the patterns of labor market outcomes for youth, and (2) explain the contributions of supply and demand factors to youth outcomes. The paper shows that youth face various difficulties in transitioning to work. This is reflected in their relatively higher unemployment rate, higher incidence of low paying or unpaid work, and a large share of youth who are neither working nor in school. This is especially true for young girls who are found outside the labor market, some engaged in home production. Finally, the paper also finds that cross-country estimates show that changes in the youth relative cohort size is unlikely to have a large effect on how youth are faring in the labor market.