Effects of the Minimum Wage on Youth Employment and Unemployment PDF Download

Author: C. K. Brown
Publisher:
ISBN:
Category : Minimum wage
Languages : en
Pages : 94

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Author: David G. Blanchflower
Publisher: University of Chicago Press
ISBN: 0226056848
Category : Political Science
Languages : en
Pages : 494

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Book Description
The economic status of young people has declined significantly over the past two decades, despite a variety of programs designed to aid new workers in the transition from the classroom to the job market. This ongoing problem has proved difficult to explain. Drawing on comparative data from Canada, Germany, France, Sweden, and the United Kingdom, these papers go beyond examining only employment and wages and explore the effects of family background, education and training, social expectations, and crime on youth employment. This volume brings together key studies, providing detailed analyses of the difficult economic situation plaguing young workers. Why have demographic changes and additional schooling failed to resolve youth unemployment? How effective have those economic policies been which aimed to improve the labor skills and marketability of young people? And how have youths themselves responded to the deteriorating job market confronting them? These questions form the empirical and organizational bases upon which these studies are founded.

Author: Youcef Ghellab
Publisher:
ISBN:
Category : Minimum wage
Languages : en
Pages : 96

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Book Description
Reviews the main theoretical models and recent empirical evidence on the correlation between the minimum wage and youth employment.

Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Minimum wage
Languages : en
Pages : 204

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Book Description
Report on the relationship of minimum wage levels and the youth unemployment problem in the USA - covers wages differentials, the distribution of young workers of the 16 to 19 year-old age group in the occupational structure, military service, recruitment standards, job requirements, full time education for students and learner certification programmes, etc., and comments on the effect of national level and local level labour legislation. Statistical tables.

Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Minimum wage
Languages : en
Pages : 68

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Author: Charlene Marie Kalenkoski
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Policymakers often propose a minimum wage as a means of raising incomes and lifting workers out of poverty. However, improvements in some young workers' incomes as a result of a minimum wage come at a cost to others. Minimum wages reduce employment opportunities for youths and create unemployment. Workers miss out on on-the-job training opportunities that would have been paid for by reduced wages upfront but would have resulted in higher wages later. Youths who cannot find jobs must be supported by their families or by the social welfare system. Delayed entry into the labor market reduces the lifetime income stream of young unskilled workers.

Author: John M. Abowd
Publisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 68

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Book Description
We use longitudinal individual wage and employment data for young people in France and the United States to investigate the effect of intertemporal changes in an individual's status vis- ...-vis the real minimum wage on employment transition rates. We" find that movements in both French and American real minimum wages are associated with relatively important employment effects in general, and very strong effects on workers employed at the minimum wage. In the French case, albeit imprecisely estimated, a 1% increase in the real minimum wage decreases the employment probability of a young man currently employed at the minimum wage by 2.5%. In the United States, a decrease in the real minimum of 1% increases the probability that a young man employed at the minimum wage came from nonemployment by 2.2%. These effects get worse with age in the United States, and are mitigated by eligibility for special employment promotion contracts in France

Author: David Neumark
Publisher: MIT Press
ISBN: 0262141027
Category : Income distribution
Languages : en
Pages : 389

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Book Description
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

Author: David Neumark
Publisher:
ISBN:
Category : Minimum wage
Languages : en
Pages : 27

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Book Description
We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data set comprising sixteen OECD countries for the period 1975-1997. We pay particular attention to the impact of cross-country differences in minimum wage systems and in other labor market institutions and policies that may either reduce or amplify the effects of minimum wages. Overall, our results generally are consistent with the view that minimum wages cause employment losses among youth. However, the evidence also suggests that the employment effects of minimum wages vary considerably across countries. Disemployment effects of minimum wages appear to be smaller when there are subminimum wages for youths, while, in the longer run at least, minimum wages set by collective bargaining may entail more deleterious employment effects. We also find that government policies restricting employers' ability to adjust nonpecuniary characteristics of jobs (such as hours restrictions or work rules) tend to exacerbate the negative effects of minimum wages on youth employment, while countries with active labor market policies designed to bring non-employed individuals into the work force tend to exhibit smaller disemployment effects from minimum wages

Author: Steven John Kupina
Publisher: Kingston, Ont. : Industrial Relations Centre, Queen's University
ISBN:
Category : Minimum wage
Languages : en
Pages : 72

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Book Description
Research paper examining the effects of the minimum wage on youth employment and youth unemployment in Ontario, Canada - based on an economic model, finds that changes in minimum wage rates have a marked effect on labour force participation by men young workers, but a lesser effect on young woman workers; indicates that the effect on unemployment is negligible. Bibliography, statistical tables.