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Full Description
The 2007-8 financial crisis and subsequent 'Great Recession' particularly affected young people trying to make their way from education into the labour market at a time of economic uncertainty and upheaval. This is the first volume to examine the impact of the Great Recession on the developmental stage of young adulthood, a critical phase of the life course that has great significance in the foundations of adult identity. Using evidence from longitudinal data sets spanning three major OECD countries, these essays examine the recession's effects on education and employment outcomes, and consider the wider psycho-social consequences, including living arrangements, family relations, political engagement, and health and well-being. While the recession intensified the impact of pre-existing trends towards a prolonged dependence on parents and, for many, the precaritization of life chances, the findings also point to manifestations of resilience, where young people countered adversity by forging positive expectations of the future.
Contents
Part I. Introduction: 1. Conceptualizing youth transitions in times of economic upheaval and uncertainty: a life course perspective Ingrid Schoon and John Bynner; Part II. The Changing Context of Youth Transitions: 2. Globalization and its impact on the political, economic and labor market aspects of the transition David N. Ashton; 3. The Great Recession and youth labor market outcomes in international perspective Arnaldo Mont'Alvao, Jeylan T. Mortimer and Monica Kirkpatrick Johnson; 4. Comparative perspectives: education and training system effects on youth transitions and opportunities Andy Green and Nicola Pensiero; Part III. Variations in Education and Employment Transitions during Times of Economic Hardship: 5. Young people's experiences of employment and unemployment across Europe: evidence from the EU-SILC Maria Iacovou; 6. Structural advantages, personal capacities and young adult functioning during the Great Recession Robert Crosnoe and Chelsea Smith; 7. The vanishing teenage worker Jeremy Staff, Nayan Ramirez and Kelsey Cundiff; 8. Education and employment transitions in Germany Olaf Groh-Samberg and Ramsey Wise; 9. Labor market entry before and after the financial crisis in Germany: duration of labor market entry, quality of first job, and fixed-term employment Pia Blossfeld; Part IV. The Impact of the Great Recession on Families: 10. Transitioning to adulthood in the wake of the Great Recession: family context and consequences Patrick Wightman, Robert F. Schoeni, Megan E. Patrick and John E. Schulenberg; 11. Impact of the recession on family dynamics and youth wellbeing: findings from the German Family Panel (Pairfam) Sabine Walper and Stefan Friedrich; 12. Employment and family transitions in the UK: trends before and after the Great Recession Mark Lyons-Amos and Ingrid Schoon; Part V. Future Orientations and Wellbeing: 13. Economic recession and youth achievement orientations and behaviour Jeylan T. Mortimer, Monica Kirkpatrick Johnson and Arnaldo Mont'Alvao; 14. The recession, young people and their relationship with the future Carmen Leccardi; 15. The impact of the recession on young people's satisfaction with democratic politics Jan G. Janmaat; 16. The Great Recession, health and health inequalities of adolescents in North America, Europe and Israel Timo Kolja Pförtner, Frank J. Elgar, Katharina Rathmann and Matthias Richter; 17. Impact of the Great Recession on young adults' health: the significance of social class Shannon Cavanagh; Part VI. Conclusion: 18. Insights gained on the recession effects John Bynner, Glen Elder, Walter Heinz and Ingrid Schoon.
