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Adults Quote by Greg Mankiw

“These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.” quote by Greg Mankiw
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“These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.”

Greg Mankiw

About This Quote

Source Article: “The Labor Market and Welfare” in The Economist, 2018

Hiring unskilled adults for low‑skill jobs displaces them, making welfare‑to‑work transitions harder.

In simple terms: Adults lose jobs to teens, hindering their work transition.

Key Takeaway

Design policies that protect low‑skill workers.

Themes

economics labor policy

Mood

analytical concerned

Type

policy economic

When to use this quote

  • job training programs
  • minimum wage debates
  • social safety nets

Key Concepts

welfare reform employment displacement

Questions to Reflect On

  • What incentives could encourage hiring of low‑skill adults?
  • How can training complement job creation?
A Different Perspective

Businesses may resist hiring constraints.

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