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This paper examines the reasons for the current condition of the youth labour market in Organisation for Economic Co-operation and Development (OECD) countries in light of the deterioration of career employment and earning opportunities for youth over the last two decades. The author investigates the response of young people to these conditions through increased enrolment in higher education, a shift in choice of fields of study and occupation from science and liberal arts to business related areas, and a delay in the formation of families and longer residence in parental homes. Possible strategies to improve the conditions of the youth labour market are fielded. Statistical tables are included to support the text.

The volume of collected papers is indexed at TD/IRD 88.133. Show less