VOLUMEN XXVI
VERANO 2018

THE EFFECTS OF THE LEVEL OF EDUCATION ON YOUTH UNEMPLOYMENT DURATION

 
CÉSAR RODRÍGUEZ GUTIÉRREZ
JUAN FRANCISCO CANAL DOMÍNGUEZ

Universidad de Oviedo
 
MARTA FRANCH CAMINO
McKinsey & Company
 

The aim of this paper is to determine how education has an effect on the probability of young unemployed people to find a job, by using a regional dataset provided by the Public Employment Service from the region of Asturias for the period 2009-2012. The outcomes show that university degrees do not make employability easier, in general, during the recent economic crisis. Moreover, vocational training increases the probability of getting a job for both genders, whereas the knowledge of English and French languages has a positive effect mainly in the case of women. Finally, unemployment benefits discourage unemployed from getting a new job, mainly for women.

 

Key words: level of education, youth unemployment.
JEL classification: J21, J24.


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