The impact of minimum wage policy on the hiring of teenagers in relation to adult laborers in retail trade has been assessed through analysis of a study sample of 353 male and 391 female retail trade employees who were part of the 1967 Survey of Economic Opportunity. (LH)

Examines the comparative labor market experience of youth in the United States and eight other developed countries from 1960-1979, focusing upon unemployment levels and rates. Finds that the situation worsened in industrialized nations after the 1974-75 recession and that Japanese and German youth continue to have the most favorable job prospects.…

Nearly one-half of all unemployed persons in the U.S. today are between the ages of sixteen and twenty-four even though that age group accounts for only one-fourth of the total labor force. Unemployment among sixteen- to nineteen-year-olds is currently more than fifteen percent, and among twenty- to twenty-four-year-olds it exceeds ten percent.…

Social statistics may exaggerate the degree of hardship caused by labor market problems. Yet, in many ways social statistics underestimate the degree of hardship caused by extended unemployment, underemployment, and low wages. Therefore, new measures are needed to reassess long-term and cyclical labor market developments, the changing status of…