Spotlight on Research: Early Labor Experiences of Young Men: Underlying Factors and Later Consequences
Abstract: Unemployment has deleterious effects on the overall health of the economy. Also, unemployment is debilitating to those experiencing it. For young entrants into the labor force, their early employment/unemployment experiences may be especially critical to their later labor market success. Thus, the initial transition-to-work period may foretell future employment status and wages/income. This is a particularly crucial juncture for young minority males who generally experience high rates of unemployment. Conventional wisdom suggests that higher educational attainment plays a prominent role in labor market and economic outcomes. A study by Michael Stoll draws on research in this area and examines the ?influence of educational attainment and race/ethnicity on labor outcomes during the initial transition to work and over the first stage of young men?s working careers.?1 The following is a summary of his paper.
File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/community-development/articles/cascade/79/cascade_no-79.pdf
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Cascade
Publication Date: 2012-01
Order Number: 79