Although broad labour market transformations have altered employment prospects for young people in the Global North, young people remain optimistic about their future employment opportunities. However, there is relatively little research on variations in young people's perceptions. Using data from the Finnish Youth Barometer Survey, we address this gap by analysing young people's perceived employment insecurity-that is, feelings of insecurity about future employment chances. We analyse first the determinants of employment insecurity and second the relationship between non-standard work contracts and employment insecurity in the employed group. The finding showed that economic downturns, immigrant background and unemployment status are associated with insecurity. Having a non-standard contract was associated with more insecurity. Young women feel more insecure than men. This is partly explained by the concentration of non-standard contracts among women. Our results show that there are differences in employment insecurity among young people and that young people react to economic downturns.