Paper: Young workers hit hardest by slow hiring during recessions
Tuesday, May 17, 2016 - 08:20
in Psychology & Sociology
The saying "Youth is wasted on the young" may ring hollow to young workers who were unable to find work or begin building a career during the Great Recession. When hiring slows during recessions, the brunt of job losses is borne by job-seekers in their twenties and early thirties, according to a new paper by a University of Illinois expert in labor economics.