Towards Defining the Universe of Need for Youth Employment Policy

摘要

The objective of this report is to clarify some of the issues involved in defining the universe of need for government programs to deal with the youth employment problem. The analysis is based on a review of much of the recent literature and statistics describing the labor market position of youth. Evidence indicates that four aspects of the youth labor market experiences may be cause for concern: the sensitivity of youth employment rates to the business cycle; the high relativity of the youth unemployment rate to the overall unemployment rate; the crisis levels of employment and unemployment rates of black youth; and the concentration of labor market problems among disadvantaged youth of both races. Various youth employment gaps for 1977 were estimated.