Job Market Monitor
Youth
America Youth Unemployment: A Growing Problem
Did you know we have a youth unemployment problem? Employers of every size in every sector lament the lack of skills available to them in the talent pool. Whether you’re reading reports from McKinsey, the Georgetown University Center on Education and the Workforce, or countless other research organizations, the message is all too similar: our … Continue reading
Sri Lanka / Youth unemployment one of the highest in the world, especially for young females
The World Bank’s flagship report World Development Report 2013 highlights the burning issue of youth employment in Sri Lanka, especially among females. Jesko Hentschel, Co-Author and Deputy Director of the World Development Report 2013: Jobs said, “One of the biggest challenges facing Sri Lanka is to improve women’s employment opportunities, especially for the young female … Continue reading
The number of young people out of work globally is nearly as big as the population of the United States
“YOUNG people ought not to be idle. It is very bad for them,” said Margaret Thatcher in 1984. She was right: there are few worse things that society can do to its young than to leave them in limbo. Those who start their careers on the dole are more likely to have lower wages and … Continue reading
US / What about the 22 percent of young people who drop out of high school?
In the U.S., the percentage of high school graduates by state ranges from 62 percent (Nevada) to 88 percent (Iowa), with an overall average of 78 percent. What about the 22 percent of young people who drop out of high school? What are their prospects? From a historical perspective, this chart shows the economic impact … Continue reading
UK / A gulf in expectations between young people and employers finds CIPD
CIPD research reveals a gulf in expectations between young people and employers that is contributing to high levels of youth unemployment There is a clear mismatch between employers’ expectations of young people during the recruitment process and young people’s understanding of what is expected of them. This is hindering young people’s access to the labour … Continue reading
Australia / Is it wise to insist that everyone complete year 12?
A significant number of young Australians can’t stand school and many people are ill suited to a university education. So is it wise to insist that everyone complete year 12? Should we be encouraging ever more young people to get an uni degree? Do we need a complete overhaul of vocational education and apprenticeships? Paul … Continue reading
Gen Y / Looking for flexibility over financial reward
Generation Y would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards, a study published by PwC has found. The PwC NextGen survey of 44,000 workers, in conjunction with the London Business School and the University of Southern California, reveals Generation Y are more likely to stay in a job … Continue reading
UK / Youth unemployment and the growing failure of education
Unemployment is up by 0.2 per cent to 7.9 per cent. Long term unemployment is on the rise. Youth unemployment is up again, this time by 20,000. Any semblance of a jobs recovery is only visible in low wage sectors feeding into a clear wage squeeze, with the slowest growth in earnings since 2009. A … Continue reading
Ghana / Job opportunities for 600 youth
The training programme is in collaboration between the Council for Technical and Vocational Education and Training (COTVET) and KNUST Jewellery Design and Technology Centre (KJDTC). The training programme, which is scheduled to last for two years, has attracted a sponsorship package of US$1million from the World Bank, DANIDA, JICA, GTZ, and the African Development Bank. … Continue reading
India / Unskilled, unemployed and angry
India’s key to future success — its youth — is a ticking time bomb. It is a growing mass of largely undernourished, undereducated, unemployable young people who aspire for a better life but don’t have the means to get there. Why? Because they aren’t qualified for the job market, and even if they are, jobs … Continue reading
US / Younger Generations Lag Parents in Building Wealth
A new study from the Urban Institute finds that Younger Generations up to roughly age 40 have accrued less wealth than their parents did at the same age, even as the average wealth of Americans has doubled over the last quarter-century. Because wealth compounds over long periods of time — a dollar saved 10 years … Continue reading
Vocational education and training for social inclusion: a research project
VET schools and other VET centres of learning are ‘at the front-line’ when it comes to preventing young people from leaving school early and placing themselves ‘at risk’ of social exclusion. By providing high quality VET programmes and an environment that is conducive to learning, schools support young people to acquire valued qualifications that enable … Continue reading
Jordan / World Bank grants $70m loan to ease youth unemployment
The World Bank has granted Jordan $70 million in financing to help it to extend small loans to young people in depressed rural areas that have suffered most from the country’s sluggish economic growth. With almost 40 percent of the country’s seven million population aged under 15, youth unemployment is a particular problem and has … Continue reading
China / The day after the Lunar New Year, lot of young Chinese professionals quit
For increasing numbers of young Chinese professionals, the first day back at work after the Lunar New Year holiday is the day they quit. The number of new online job applicants and resumes on Zhaopin.com, a leading recruitment website, increased 36% year-on-year in the first week after the lunar New Year holiday, the company revealed … Continue reading
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 … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 