Comparison of continuing training in France and Germany finds that, in France, more talented workers are selected for training but training does not produce significant wage effects. In Germany, selection operates differently: continuing training is given to a greater number of employees and has an effect on career advancement. (SK)

This bulletin examines the labor market experience of youth in the United States and eight other industrial countries from the early 1960s to the late 1970s. The analysis focuses upon unemployment, the most visible and measurable form of labor underutilization. The report highlights the size of the youth unemployment problem and discusses some of…