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标题：Youth Unemployment Notably High in Southern Europe
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作者：James D. Eubanks ; David G. Wiczer
期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2014
出版社：Federal Reserve Bank of St. Louis
摘要：I n a recession, the yout h u nemployment rate often rises more shar ply and recovers more slowly than the average unemploy ment rate. The recent recessions in Europe and Nor th America were especially damaging to workers between the ages of 15 and 25. Unemployment among this group rose in nearly a ll countries, but some countries experienced a more severe spike than others. The differences in the sever ity of youth unemployment from country to country are the result of differing long-r un trends, initial conditions and labor market st ructu res. The unemploy ment rate is the number of unemployed indiv iduals div ided by the total labor force. Movements in t he unemploy- ment rate can resu lt from changes in either or bot h statistics. If an individu al wit hout a job is not actively searching for employ- ment, he or she is neit her unemployed nor in the labor force. Becau se those younger than 25 frequently move into and out of the labor force, often in response to economic pressures, youth unemployment figu res may understate t he impact of a recession: You ng people dropping out of the labor force during bad times will dampen the increase in the yout h u nemployment rate