International Congress on Eurasian Economies

International Conference on Eurasian Economies

24-25 August 2021 – Istanbul, TURKEY and ONLINE

Paper properties

Paper ID : 2594
Status : Paper published
Language : Turkish
Topic : Labor Economics and Migration
Presenter: Mrs. Vildan Göl
Session : 4B İstihdam

Youth Unemployment and Youth not in Employment, Education or Training: An Assessment in Terms of The EU and Turkey
Genç İşsizlik ve İstihdam, Eğitim veya Öğretimde Olmayan Gençler: AB ve Türkiye Açısından Bir Değerlendirme

Abstract

Today, the European Union aims to integrate young people into the labour market and provide employment support. However, youth unemployment figures in the European Union are very serious. In addition to youth unemployment, NEET (Not in Education, Employment and Training) rates, which we hear frequently today and which is closely related to youth unemployment, have high rates both in the European Union and in Turkey. If these two main problems that countries have to deal with are not successful, they will impose serious costs on countries both socially and economically. Although education policies are often used for the solution, factors such as gender perception and patriarchal social structure must be left behind. In addition, strong economic growth should not be ignored to combat the problems of the young unemployed. The first aim of the study is to examine the factors that cause young unemployed and NEETs in the EU and Turkey at the macro and micro level and to present them comparatively. The second aim of the study is to empirically analyse Okun's Law, which argues that there is a negative correlation between unemployment and economic growth, for young unemployed and NEETs in Turkey between 2000 and 2020. The data used in the study was obtained from the OECD and Eurostat databases. The empirical findings obtained as a result of causality analysis show that there is a one-way relationship between economic growth, youth unemployment and NEETs.

JEL codes: E24, F02, J21

Göl, Vildan, Yüce Dural, Betül (2021). "Youth Unemployment and Youth not in Employment, Education or Training: An Assessment in Terms of The EU and Turkey" in Proceedings of International Conference of Eurasian Economies 2021, pp.239-248, Istanbul, TURKEY and ONLINE.

DOI: https://doi.org/10.36880/C13.02594

Full paper in PDF format.

Session 4B: İstihdam

Eurasian Economists Association Istanbul Beykent University Doğuş University Kyrgyz-Turkish Manas University