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There is no issue more important than Global Youth Unemployment

Last week, Secretary Kerry made his first speech as Secretary of State at the University of Virginia where he spoke about the importance of our foreign policy, especially for young people.  He said “In countries across North Africa and the Middle East, the majority of people are younger than 30 years old.  About half are under 20.  They seek the same things you do: opportunity.  And we have an interest in helping these young people develop the skills they need to defeat the mass unemployment overwhelming their societies so they can start contributing to their communities and rebuild their broken economies.”

There is perhaps no issue more important than youth unemployment. Both fledgling democracies and developed nations alike face massive challenges to create pathways to employment for their young citizens.

Global leaders from the public and private sector have expressed concern as well.  Coca-Cola CEO Muhtar Kent worried that youth unemployment “has a chance of cracking the social fabric.” The Prime Minister of Malaysia, Najib Razak, recently wrote of the “opportunity deficit” many young people face in the current job market.  U.N.Secretary General Ban Ki-moon has called for strengthened policies and investments involving young people.

There is a clear leadership role for the United States on this issue.Secretary of State John Kerry asserted, “foreign policy is economic policy.” In other words, the U.S. cannot advance its interests abroad without focusing on how to advance global prosperity.

Chosen excerpts by Job Market Monitor 

The Diplomat

via The Real Crisis: Global Youth Unemployment.

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