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Unlucky young workers entering the labor market in recessions suffer a range of medium- to long-term consequences. This paper summarizes the findings of the growing empirical literature on this subject and uses it to assess economic models of career development. The literature finds large initial effects on earnings, labor supply, and wages that tend to fade after ten to fifteen years in the labor market, and that are accompanied by changes in occupation, job mobility, and employer characteristics. Adverse initial labor market entry also has persistent effects on a range of social outcomes, including timing and completed fertility, marriage and divorce, criminal activities, attitudes, and risky alcohol consumption. There is also evidence that early exposure to depressed labor market lowers health and raises mortality in middle age, patterns accompanied by a reopening of earnings gaps.

\"Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements across time are shaped by changes in labour market flows. Using novel estimates of flow transition rates for the UK over the last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be traced to rises in rates of job loss that accompany recessions. The share of this inflow contribution has been broadly the same in each of the past three recessions. Decreased job-finding rates account for around one-quarter of unemployment cyclicality and the remaining variation can be attributed to flows via non-participation. Digging deeper into the structure of unemployment by gender, age and education, the flow-approach is shown to provide a richer understanding of the unemployment experiences across population subgroups.\" (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1970 bis 2010.

This report examines the conditions of women's engagement in the labour market, by estimating and analysing five key gaps, or gender differentials, between women and men which disadvantage women: in unemployment, in employment, in labour force participation, in vulnerability, and in sectoral and occupational segregation. (Author's abstract, IAB-Doku).

A primer on policies for jobs is based on materials and input provided during the labor market courses conducted during the past 10 years. Its objective is to provide government policy makers, researchers, and labor market practitioners and other specialists with a practical guide on how to strengthen labor market institutions, especially in light of the global financial crisis. This primer emphasizes six pillars of labor market institutions: global trends, job creation, labor market policies, education, entrepreneurship, and globalization. Chapter one addresses current labor market trends and job creation, particularly in tough conditions. Chapter two examines channels of job creation and ways to strengthen labor market institutions to ensure sustainable job growth, considering factors such as investment climate, job policy, industrial policy, social protection, and other labor market issues. Chapter three focuses on labor market policies in developing countries. Chapter four highlights the impact of education and skills on labor market outcome. Chapter five discusses entrepreneurship along three key dimensions: development and growth, job creation, and female entrepreneurship. Finally, chapter six addresses the relationship between jobs and globalization.

Governments recognise that careers guidance, underpinned by accurate labour market information, can help learners make post-secondary education choices that match their interests, aptitudes and abilities, and lead to rewarding employment. For this reason, they have invested in building linked education/employment information systems and other information resources which are displayed on websites targeted to learners and their families. However, researchers and governments agree that these efforts are often ineffective in informing learners’ decisions – access to information is not sufficient to provide effective support to student choice. Drawing upon the insights of behavioural economics, this paper examines how learners access and use information, and what this implies for the design of public study and career choice websites that aim to effectively support student choice. The report also takes stock of the career guidance websites in use in the majority of OECD countries, and sets out to provide actionable advice for policy makers to guide the design of effective information policy levers that support student choice.

Forschungsmethode: empirisch, Theorieanwendung, Befragung. \"It is the U. K. Government's policy to achieve 'the right number and balance of graduates in the 1990s'. According to the Government, this will require more attention being paid to 'the needs of the economy' when decisions concerning the allocation of resources between subject areas are being made. In particular, the Government believes that higher education should be more vocationally-oriented and aims to influence the subject balance in this direction. The purpose of this paper is to examine the possibility of constructing a set of indicators for deciding which subjects have produced the most marketable and the most satisfied graduates. Two sets of indicators are constructed. The first is based on labour market indicators such as the earnings and unemployment rates of graduates. The second set of indicators is based upon information about the value which the graduates themselves place upon their degree qualifications. When these two sets of indicators were combined, substantial differences were found in the relative worth of graduates in different subjects (for male and female graduates separately). Graduates in some subjects achieved far higher scores than graduates in other subjects on either one or both sets of indicators.\" (author's abstract) ((en)) Der Beitrag prueft die Moeglichkeit der Konstruktion eines Indikatorenbuendels, das (der Hochschulpolitik und Hochschulplanung in Grossbritannien) Entscheidungshilfen fuer die Antwort auf die Frage liefert, welche Studienfaecher die \"marktfaehigsten\" und zufriedensten Absolventen hervorbrachten. Dazu wurden zwei Indikatorenbuendel konstruiert: eines beruht auf den Indikatoren, Einkommen und Arbeitslosenquote von Absolventen, das zweite auf Aussagen, mit denen die Absolventen selbst ihre Diplome und Qualifikationen (6 Jahre nach dem Erwerb des Abschlusses) bewerten. Bei der Kombination dieser Indikatorenbuendel ergaben sich erhebliche Unterschiede fuer den relativen Wert von Absolventen in den einzelnen Studienrichtungen, getrennt nach Geschlechtern. (IAB).