The Australian labour market has rebounded strongly from the initial shock of the COVID-19 pandemic and the youth unemployment rate is close to a record low. But history teaches us that recessions can impart `scarring effects’ on the careers of young people for years after the event. This paper identifies priority areas where policy change could mitigate scarring – both following COVID-19 and in the aftermath of future economic downturns.
Preventing Scarring in the Post-Pandemic Youth Labour Market
by Nicole Adams, Dan Andrews, Josephine Auer, Erin Clarke, Zach Hayward, Gianni La Cava and Matt Nolan