Effects of the Youth Unemployment in Kenya
The Long-Term Effects of
Youth Unemployment
Dr. Thomas A. Mroz and Dr. Timothy H. Savage
University of North Carolina, Chapel Hill and Welch Consulting Economists
A STUDY BY THE EMPLOYMENT POLICIES INSTITUTE October 2001 he Employment Policies Institute (EPI) is a nonprofit research organization dedicated to studying public policy issues surrounding employment growth. In particular, EPI research focuses on issues that affect entry-level employment. Among other issues, EPI research has quantified the impact of new labor costs on job creation, explored the connection between entry-level employment and welfare reform, and analyzed the demographic distribution of mandated benefits. EPI sponsors nonpartisan research that is conducted by independent economists at major universities around the country.
T
Dr. Thomas A. Mroz is Professor of Economics at the University of North Carolina at
Chapel Hill and a Fellow at the Carolina Population Center. He is also a member of the steering committee for UNC’s Institute for Research in Social Science. His interests include labor economics, applied econometrics and economic demography.
Dr. Mroz’s research has appeared in leading economic journals such as the Journal of
Econometrics, Econometrica and The Journal of Economic Literature. He received his
Ph.D. from Stanford University in 1984.
Dr. Timothy H. Savage is a Senior Economist for Welch Consulting Economists in
Washington, D.C. Dr. Savage also serves as a reviewer for the journal Economic
Inquiry. He received his Ph.D. in Economics from University of North Carolina at
Chapel Hill in 1999.
Executive Summary
The era of high employment has taken a sharp downward turn. The U.S. economy was cooling rapidly even before terrorism entered the picture.
Employee layoffs are now measured in the hundreds of thousands. Many of these employees were entry-level workers just starting their careers. The
Labor Department’s statistics on teenage and young adult employment reflect a substantial
Youth Unemployment
Dr. Thomas A. Mroz and Dr. Timothy H. Savage
University of North Carolina, Chapel Hill and Welch Consulting Economists
A STUDY BY THE EMPLOYMENT POLICIES INSTITUTE October 2001 he Employment Policies Institute (EPI) is a nonprofit research organization dedicated to studying public policy issues surrounding employment growth. In particular, EPI research focuses on issues that affect entry-level employment. Among other issues, EPI research has quantified the impact of new labor costs on job creation, explored the connection between entry-level employment and welfare reform, and analyzed the demographic distribution of mandated benefits. EPI sponsors nonpartisan research that is conducted by independent economists at major universities around the country.
T
Dr. Thomas A. Mroz is Professor of Economics at the University of North Carolina at
Chapel Hill and a Fellow at the Carolina Population Center. He is also a member of the steering committee for UNC’s Institute for Research in Social Science. His interests include labor economics, applied econometrics and economic demography.
Dr. Mroz’s research has appeared in leading economic journals such as the Journal of
Econometrics, Econometrica and The Journal of Economic Literature. He received his
Ph.D. from Stanford University in 1984.
Dr. Timothy H. Savage is a Senior Economist for Welch Consulting Economists in
Washington, D.C. Dr. Savage also serves as a reviewer for the journal Economic
Inquiry. He received his Ph.D. in Economics from University of North Carolina at
Chapel Hill in 1999.
Executive Summary
The era of high employment has taken a sharp downward turn. The U.S. economy was cooling rapidly even before terrorism entered the picture.
Employee layoffs are now measured in the hundreds of thousands. Many of these employees were entry-level workers just starting their careers. The
Labor Department’s statistics on teenage and young adult employment reflect a substantial
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