Youth unemployment and joblessness are major issues for national governments and international organizations across the globe. In this respect, the school-to-work transition challenge is increasingly raising the interest of companies, education and training institutions, families and young people themselves, who are often involved in precarious and illegal forms of employment, in many countries of the world. In the field of industrial and labour relations, the school-to-work perspective seems particularly suitable for policy formulation and assessment: the broad and complex range of tools, strategies and policies for enabling youth training and their access to the labour market is deserving of a closer analysis at an international level in a time when jobless recovery threatens national economies. The ADAPT LABOUR STUDIES BOOK-SERIES has in connection been set up with a view to achieving a better understanding of the causes, consequences and possible responses to the issue in a global dimension through an interdisciplinary and comparative approach.

Young People and Long-Term Unemployment examines the consequences of long-term unemployment for the personal, social, and political lives of young adults aged 18–34 across four European cities: Cologne (Germany), Geneva (Switzerland), Lyon (France), and Turin (Italy). Adopting a multidimensional theoretical framework aiming to bring together insights based on the contextual (macro), organizational (meso), and individual (micro) levels, and combining quantitative and qualitative data and analyses, it reaches a number of important conclusions. First, our study shows that the experience of long-term unemployment has a negative impact on different dimensions of young people’s lives. When compared to employed youth, unemployed youth are less satisfied with their lives, more isolated, and less independent financially. Second, however, there are important variations across the four cities. This means that, in spite of widespread retrenchments, in some places the welfare state still acts as a buffer against unemployment. Third, although young unemployed people participate in politics equally if not slightly more than employed youth, the young unemployed are often disconnected from politics. This is so even when they have important grievances to express in the face of high youth unemployment, precarious working conditions, and grim future perspectives on the labor market. This book will be useful for scholars interested in unemployment politics and youth politics, researchers and teachers in political science, sociology, and social psychology.

Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

An accessible, balanced account of the insider-outsider theory of labor market activity.

First published in 1987. Unemployment is currently the major economic concern in developed economies. This book provides a comprehensive analysis of the economics of unemployment. It concentrates on theories of the labour market and examines the critical inter-relationships with the rest of the economy. It provides a thorough evaluation of theory and extensive consideration of the relevant empirical evidence. It emphasises the multi-causal nature of unemployment and concludes that policy-makers should respond with a multi-faceted mix of policies.