The aim of this study is to examine whether the prevalent and fairly long unemployment spell of young Macedonians, Serbians and Montenegrins early in their career has negative effects on their subsequent labour-market performance: the so-called employment scarring. We first model unemployment spell as a function of individual and household characteristics and work attitudes and preferences using a discrete-time duration method. Then, we estimate the survival probabilities to examine the potential existence of employment scarring. The results provide some evidence for the potential presence of employment scarring in the three countries. The scars are largest in Serbia for all durations of the unemployment spell followed by Macedonia; they are weakest in Montenegro.

Australia was one of the few OECD countries to emerge from the Global Financial Crisis (GFC) without facing a recession, usually defined as negative GDP growth for two consecutive quarters. However, the (overall) unemployment rate did increase following the GFC and has still not returned to pre–GFC levels. Unemployment rates for young people went up much more dramatically and remain high. This article investigates the impact of the GFC on youth unemployment and long-term unemployment. To anticipate our results, we find that the youth unemployment rates increased significantly owing to a fall in aggregate demand, although youth wages had been falling relative to adult wages. These findings do not support the commonly heard claim that youth wages are pricing young people out of the market.

Youth unemployment remains a major political and socioeconomic challenge in Africa despite the recent strong growth performance of many African countries. The study undertakes an empirical assessment of the main sources of youth unemployment in Africa. Based on panel data of 41 African countries covering the period 2000–2010, the study finds a demographic youth bulge and poor economic growth from both supply and demand sides of the market to be key drivers of youth unemployment in Africa. Employment-to-population ratio as a measure of country’s job creation ability and vulnerable employment as a proxy for informality are observed to have had a decreasing effect on youth unemployment. The empirical findings also suggest higher youth employment rates among females than males and a higher concentration in urban than rural areas. Investment in the high labour absorption sectors of agriculture and manufacturing is advocated as job creation strategies, along with population control measures to slow the growing youth population in Africa. High growth in the low employment sectors of mining and extractive industries could serve as resource generating avenues to promote investment in education and skill training, along with infrastructure to facilitate growth in high labour absorption sectors.

Youth unemployment rates in most countries are considerably higher than total unemployment rates and increased significantly in many countries following the global financial crisis. Young people in long-term unemployment risk becoming a ‘lost generation’. We investigate individual and family characteristics predicting young people’s vulnerability to the scarring effects of long-term unemployment. After overviewing aggregate youth unemployment trends in several European countries, we focus on Russia and Italy – countries with contrasting structural and institutional conditions and exhibiting different macroeconomic trends – in order to determine whether, despite these differences, there were similar patterns in the relationship between individual and family characteristics and the of risk of unemployment and its adverse impacts. We use a Heckman probit model to estimate the unemployment risk of young people – compared to adults – during the period 2004–2011, before and after the global financial crisis. Despite many differences between the two countries, most of the explanatory variables acted in the same direction in each and so we compare the relative size of such effects. The policy significance of the findings is that personal and family characteristics are more amenable to modification than macroeconomic variables. Specific school-to-work interventions are needed to avoid creating a ‘lost generation’.

South Africa has one of the world’s highest youth unemployment rates despite a high demand for skilled labour, because employability remains severely hampered by a persistent vertical skills mismatch. The flagship upskilling programme deployed by the government to enhance job readiness and enterprise development capabilities among rural youth has, however, shown mixed results. The slow uptakes of alumni calls into question the adequacy of the programme’s skills composition in resolving the labour market mismatch. Using the Outcome Mapping approach and probit estimation on self-reported skills improvements among programme participants, this study finds perceived improvements in non-technical skills to be associated with a higher likelihood of success in comparison to technical skills, both in securing a stable job and in launching a viable enterprise after completion of the programme. These findings confirm the growing importance of ‘soft skills’ in bolstering employability when jobs are scarce. They suggest the need for a stronger emphasis on this set of skills in upskilling programmes aimed to address unemployment challenges.

Social investment in Europe has primarily been measured by studying expenditure data from specific categories of social policy. This article argues that we need a more nuanced way of studying the presence of social investment, and develops a tool for measuring the ideational content of social investment in policy regulations. By operationalising three key policy dimensions of social investment; time, distribution and policy coherence, varying approaches of social investment are discerned, landing in the development of three ideal types: a strict social investment, a targeted social investment and a reactive social investment. To demonstrate its application, the social investment ideal-types are applied to cases of policies for unemployed youth in different European countries. The operationalisation and ideal types presented in this article provide a structure and nuance to the understanding and measuring of social investment, aiding in the further debate on its pros, cons and presence in European social policy.

This article undertakes a detailed analysis of the formative role of the World Bank in the framing of youth unemployment. It charts the World Bank's emergence as a powerful political actor in this policy field and identifies the ideational content of its policy discourses on the causes of youth unemployment and responses to it. Four principal themes are identified: skills deficits; wage regulation; the “demographication” of explanations for burgeoning youth unemployment; and connections between youth unemployment, criminal activity and social disorder. The discussion highlights significant evidence of neo-liberal continuity and reinvention in World Bank discourses as its normative and ideational frameworks are extended to new terrains of analysis in ways that infer links between youth unemployment and individual deficits of the unemployed.