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Who is hit hardest during a financial crisis? The vulnerability of young men and women to unemployment in an economic downturn

机译：在金融危机期间谁受到的打击最大？在经济衰退期间，年轻男女对失业的脆弱性

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摘要

The current financial and economic crisis has resulted in the worst global recession since World War II. The subsequent destruction of jobs and increased duration of joblessness will ensure that unemployment across the world will continue to rise and stay stubbornly high for some time to come, well after the economy has begun to recover. Beyond this generalization, such downturns have more adverse implications for vulnerable segments of the population such as youth. As presented in this paper, data for both the current and previous financial crises reveals that young people are indeed hit hardest as reflected by rising unemployment rates, which persist long after the economy is growing again. In the wake of the present downturn, young men have been particularly affected, which has been driven by a range of factors including the high proportion of young men in heavily impacted sectors such as construction. In response to this situation, policymakers should utilize targeted crisis interventions that aim to keep youth employed where possible, while also assisting new entrants and those who have lost jobs find employment (or at a minimum stay attached to the labour force), particularly as the economy recovers.
机译：当前的金融和经济危机导致第二次世界大战以来最严重的全球衰退。随之而来的就业机会的破坏和失业时间的增加将确保世界各地的失业率将继续上升，并在经济开始复苏之后的很长一段时间内保持高居不下。除了这种概括之外，这种低迷对诸如青年之类的人口中的弱势群体具有更多不利影响。如本文所述，当前和以前的金融危机的数据都表明，失业率的上升确实反映出年轻人的受害最为严重，失业率在经济再次增长后仍然持续很长时间。在当前的低迷之后，年轻人受到了特别的影响，这是由一系列因素驱动的，其中包括在诸如建筑等受到严重影响的部门中，年轻人的比例很高。针对这种情况，政策制定者应采取有针对性的危机干预措施，旨在在可能的情况下保持青年人的就业，同时还应协助新进入者和失业者找到工作（或至少留在劳动力队伍中）。经济复苏。

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  • 作者

    Verick Sher;

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  • 年度 2009
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  • 原文格式 PDF
  • 正文语种 eng
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