Abstract
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.
| Original language | English |
|---|---|
| Article number | 3 |
| Journal | Zeitschrift fur Arbeitsmarktforschung |
| Volume | 52 |
| Issue number | 1 |
| DOIs | |
| State | Published - 1 Dec 2018 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 8 Decent Work and Economic Growth -
SDG 10 Reduced Inequalities
Keywords
- Aging
- Employment
- OECD
- Older workers
- Unemployment
ASJC Scopus subject areas
- Industrial relations
- Economics and Econometrics
- Organizational Behavior and Human Resource Management
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