Scholarly Contribution to Database/Website

The next employment challenge from coronavirus: how to help the young

Jeffrey Borland

Published : 2020

Abstract

Even before COVID-19, young Australians were doing it hard in the labour market. Slower economic growth and the increasing employment of older Australians since the global financial crisis had been crowding them out. In recent research Michael Coelli and I estimate that crowding out reduced the proportion of young Australians aged 15 to 24 years in employment by 4 to 5 percentage points since the global financial crisis. As a result, more young people have become long-term unemployed or have had to gain full-time work through part-time work. And many of those who have found work have needed to spend extra time and resources (doing things such as unpaid internships) to get it. Now, young ..

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University of Melbourne Researchers