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Youth unemployment and active labor market policies in Europe

机译:欧洲青年失业和积极的劳动力市场政策

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Abstract Since the economic crisis in 2008, European youth unemployment rates have been persistently high at around 20% on average. The majority of European countries spends significant resources each year on active labor market programs (ALMP) with the aim of improving the integration prospects of struggling youths. Among the most common programs used are training courses, job search assistance and monitoring, subsidized employment, and public work programs. For policy makers, it is of upmost importance to know which of these programs work and which are able to achieve the intended goals – may it be the integration into the first labor market or further education. Based on a detailed assessment of the particularities of the youth labor market situation, we discuss the pros and cons of different ALMP types. We then provide a comprehensive survey of the recent evidence on the effectiveness of these ALMP for youth in Europe, highlighting factors that seem to promote or impede their effectiveness in practice. Overall, the findings with respect to employment outcomes are only partly promising. While job search assistance (with and without monitoring) results in overwhelmingly positive effects, we find more mixed effects for training and wage subsidies, whereas the effects for public work programs are clearly negative. The evidence on the impact of ALMP on furthering education participation as well as employment quality is scarce, requiring additional research and allowing only limited conclusions so far. JEL codes: J13, J68, J64
机译:摘要自2008年经济危机以来,欧洲青年失业率一直居高不下,平均约为20%。欧洲大多数国家/地区每年都在积极的劳动力市场计划(ALMP)上花费大量资源,目的是改善陷入困境的年轻人的融入前景。最常用的计划包括培训课程,求职帮助和监控,补贴就业和公共工作计划。对于政策制定者来说,最重要的是要知道哪些计划有效,哪些计划可以实现预期的目标-可能是融入第一个劳动力市场或接受进一步的教育。在详细评估青年劳动力市场状况的基础上,我们讨论了不同ALMP类型的利弊。然后,我们对这些ALMP对欧洲青年的有效性的最新证据进行了全面调查,重点介绍了似乎在实践中促进或阻碍其有效性的因素。总体而言,有关就业成果的调查结果仅部分令人满意。虽然求职援助(有或没有监测)产生了巨大的积极影响,但我们发现培训和工资补贴的混合效果更大,而公共工作计划的影响显然是负面的。关于ALMP对促进教育参与和就业质量的影响的证据很少,需要进一步的研究,到目前为止仅得出有限的结论。 JEL代码:J13,J68,J64

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