Abstract
Abstract The research deals with the question of how different resources affect the labour market integration of the long-term unemployed youth. The main hypothesis it advances is that the youth who have access to different resources will find more stable jobs or develop their own business after unemployment than those lacking such different kinds of support. In making the education and employment decisions during the transition from school to work, there is strong evidence of the importance for young people to make good initial career decisions and an enduring effect of academic achievement on labour market and education outcomes. This research is based on scientific discussion of different author opinions and survey results of young people as well as on views on the future vision of authors.
Highlights
Youth unemployment has been a central focus of research on transitions with a significant number of studies focusing on cross-national differences in unemployment levels as well as on the impact of active labour market policies designed to facilitate employment access (Blanchflower, Freeman, 2000).According to the European Commission Social Agenda of Youth Employment, over 13% of European Union (EU) youth is not in employment, training or education
The first job experience as well as education, training and practical skills are considered to be a crucial precondition for young people to start their employment career and provide future possibilities for their development and social status in society
Education authorities should ensure close co-operation with employers to understand what kind of skills and knowledge young people are looking for
Summary
According to the European Commission Social Agenda of Youth Employment, over 13% of European Union (EU) youth is not in employment, training or education. 7.5 million persons in the age group 15–24 are neither in employment nor in education or training (NEETs). Economists’ interest in the causes of youth unemployment dates back a long time, with systematic research on the youth labour market, starting at the beginning of the 1980s. The analysis of youth unemployment generally differs according to the explanatory factors considered, the country panel and the time horizon analysed, as well as the regression techniques chosen (Blanchflower, Freeman, 2000). Some of the main explanatory variables considered include changes in the state of the economy, changes in relative population sizes of young people and prime-age persons, labour market institutions, as well as education and training systems
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