This is why often general measures to lower unemployment are most important for the young unemployed. They can be complemented but not replaced by specific measures which focus only on the young. We can assess the youth unemployment also from the viewpoint of the supply and demand of the labour input of young workers, as well as mismatch problems and issues of specificity.
We must also keep in mind structural as well as cyclical aspects of high youth unemployment. (i) Labour supply The value of alternative activity relative to job search and employment… For the labour supply a key determinant, in addition to wages, is the value of alternative activity relative to job search and working.