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Unemployment among younger and older individuals: does conventional data about unemployment tell us the whole story?

In this research we show that workers aged 30-44 were significantly more likely than those aged 45-59 to find a job ... Show more
In this research we show that workers aged 30-44 were significantly more likely than those aged 45-59 to find a job a year after being unemployed. The main contribution is demonstrating empirically that since older workers' difficulties are related to their age, while for younger individuals the difficulties are more related to the business cycle, policy makers must devise different programs to address unemployment among young and older individuals. The solution to youth unemployment is the creation of more jobs, and combining differential minimum wage levels and earned income tax credits might improve the rate of employment for older individuals.
Published abstract. Show less

Authors: Axelrad, Hila; Malul, Miki; Luski, Israel

Date: 2018

Geographic subjects: Israel; Middle East

Resource type: Article

Journal title: Journal for labour market research

Subjects: Demographics; Employment; Statistics ... [+] Show more