Open Access Repository

COVID-19 and Tasmanian youth unemployment: a policy recommendation

Downloads

Downloads per month over past year

Vespignani, JL ORCID: 0000-0003-0265-4377 and Yanotti, MB ORCID: 0000-0001-9797-9582 2020 , COVID-19 and Tasmanian youth unemployment: a policy recommendation.

[img]
Preview
PDF
2020-07_Vespign...pdf | Download (556kB)

| Preview

Abstract

The unemployment rate in Australia is expected to be at historically high levels because of the Covid-19 health crisis and policies associated with social distancing. Youth unemployment is generally twice the general unemployment rate. Tasmania youth unemployment is likely to reach 25-30% by the end of the year as the main industries affected by this crisis are tourism and hospitality, which employ a large share of young workers. This will have a significant impact on future skills and social costs for years to come. The literature on youth unemployment indicates that long-term unemployment after high school leads to higher structural unemployment, poverty, crime, drug and alcohol abuse and welfare dependency. Consequently, it is vital to provide better incentives for upskilling the youth population in Tasmania. Achieving this imperative support will avoid a cohort of structural unemployment in Tasmania and higher income inequality.

Item Type: Report (Discussion Paper)
Authors/Creators:Vespignani, JL and Yanotti, MB
Keywords: youth unemployment, COVID-19, regional Tasmania
Publisher: University of Tasmania
Copyright Information:

Copyright 2020 University of Tasmania

Additional Information:

Discussion Paper Series N 2020-07
JEL Classification:

Item Statistics: View statistics for this item

Actions (login required)

Item Control Page Item Control Page
TOP