At present, Southern countries are facing the biggest economic and financial crisis since post-war period, as youth unemployment rates have increased to very high levels, for both women and men. The paper will examine the impact of job destruction on the employment position of young women and men (including inactivity and discouragement). Second, it will consider the impact of austerity measures on the quantity and quality of employment for young women, and the implications for the family-employment model.
Occupational vulnerability is a major issue in terms of human capital loss and in terms of policy implications: on the one hand, it proofs the inconsistency of the breadwinner model, which is clearly not sustainable anymore, especially in times of crisis; on the other hand, it highlights (some of) the drawback effects of the austerity policies, which had been originally promoted as a mean to achieve intergenerational equality.