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Ivie
VALENCIAN INSTITUTE OF ECONOMIC RESEARCH
The Bancaja Foundation and the Ivie present the results of the sixth edition of the Observatory of young people's transition to the labour market
The data shows the integration of young people in the labor market in the current economic situation

How do young people face their transition to the labour market in the current crisis? Some strategies include a more active career planning, returning to study and a greater indifference regarding labor flexibility. Thus, for example, although the majority of young people continue to prefer to work in the same city as they live in (61.4%), one out of three is indifferent and therefore, more open to geographic mobility.

These are some of the data included in the sixth edition of the Observatory of young people's transition to the labour market, elaborated by the Bancaja Foundation and the Ivie since 1996 that collects psycho-social and labor information on the integration of young people to the labor market and their evolution. The sample is made up of young people ages 16 to 30 that have entered the labour market in the last 5 years (they have been working or looking for work during that period). The data of the Observatory covers Spain, Madrid/Barcelona, urban Spain (municipalities of 50,000 inhabitants or more), non-urban Spain (municipalities of less than 50,000 inhabitants), the Valencian Community.

The information in the Observatory also shows a worsening of the perception that young people have on the labor market and an increase in job insecurity. In fact, only 21.4% of young people have a positive attitude towards the labor market and 28.4% are afraid of losing their job. Furthermore, there is a reduction of the affective and emotional attachment that young people have towards their job, as indicated by the low satisfaction of young people with aspects related to work activities, extrinsic characteristics (wages, labor conditions) and social aspects.

The Bancaja-Ivie Observatory of young people's transition to the labour market was presented by Jose Maria Peiró on 26th of June of 2012 in Valencia. Along with the data, the document Crisis económica e inserción laboral de los jóvenes: Resultados del Observatorio de Inserción Laboral de los Jóvenes 2011, has been published that includes some of the obtained results and analyzes the present situation of the young people.

Further information:

Press release (in Spanish)
Presentation (in Spanish)
Document Crisis económica e inserción laboral de los jóvenes: Resultados del Observatorio de Inserción Laboral de los Jóvenes 2011 (in Spanish)
1996-2011 Data
Database
Vídeo: José María Peiró's speach