Youth Unemployment and Financial Crises: A Systemic Literature Review

Abstract

Youth unemployment is a topic that needs more attention when considering a country's economic structure. As a result, researchers worldwide are intrigued by the opportunity to delve deeper into this subject, particularly in the aftermath of financial crises. The primary focus of this study is to examine previous research on youth unemployment and identify potential avenues for further investigation. The objective is to provide a comprehensive overview of the youth unemployment research landscape using the PRISMA Protocol to evaluate the performance of scholarly articles and identify themes that warrant exploration within the realm of youth unemployment. The research data encompassed metadata sourced from Scopus, Google Scholar, and Crossref databases spanning the years 2012 to 2015. All relevant information was exported in the Research Information System (RIS) format and subsequently analyzed employing VOSViewer software. A total of 2,012 article metadata were successfully compiled. The analysis results reveal that the interplay between youth unemployment, the impact on the youth labor market, and the financial crisis constituted the predominant focus between 2012 and 2015. Research regarding youth unemployment and financial crises exhibits vast potential, including female participation, policy and institutional considerations, and macroeconomic conditions. This study can serve as a point of reference for other researchers interested in exploring the subject of youth unemployment.