Job Market Monitor
Youth
Netherlands seeking skilled youths in high-tech jobs
bustling high-tech region in the south of the Netherlands is doing all it can to attract Europe’s smartest youngsters. In these tough economic times, Eindhoven is turning out to be an eldorado for skilled young people looking for work. Many companies are looking for young workers with specific technical skills. That’s the case of high-tech … Continue reading
The Six Stages Of Graduates Unemployment
Young graduates, I feel your pain. I know how much unemployment hurts and I am here to break it down for you. This way, we can all start a support group for a generation that believed they could do whatever they wanted, and is now sitting at home staring at the telly, wondering if they … Continue reading
EU: Tackling youth unemployment was a priority
A year ago, “The European Parliament underlined five priorities in the report on the contribution to the Annual Growth Survey 2012: 1. pursuing different growth-friendly fiscal consolidation 2. ensuring long-term financing of the real economy 3. promoting sustainable growth through more competitiveness and investments 4. tackling unemployment and the social consequences of the crisis 5. modernising … Continue reading
The Cost of One Jobless Youth to Taxpayers: $14,000 a Year
America’s youth are suffering their worst employment drought since World War II. It doesn’t take a great leap of the imagination to understand why this is a crisis. The young and jobless earn less later in life. They lose the chance to build crucial career skills. They rely on government support. They’re more likely to … Continue reading
Apprenticeship / A driver for the most disadvantaged young people to gain employment
Apprenticeship schemes can be the driver for the most disadvantaged young people to gain employment, but they need to be made simpler and more accessible, according to Barclays HR director Lynne Atkin. Atkin, who has been HRD of Barclays since 2009 and this year helped launch its first £20 million apprenticeship scheme, believes one of … Continue reading
Greece / Youth unemployment at 56.6 percent
The number youths aged between 15 and 24 out of work in October rose to 56.6pc, compared with 22.1pc in the same month four years ago, statistics service ELSTAT said. Greece’s jobless rate has almost tripled since September 2009 as the country’s debt crisis emerged, and is more than double the average rate in the … Continue reading
US / The Rising Age Gap: The Old vs the Young
Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century, according to a new Pew Research Center analysis of a wide array of government data. In 2009, households headed by adults ages 65 and older possessed 42% more … Continue reading
Young Americans want Congress to focus on jobs, education and ensuring that Social Security
Today’s 20-somethings are the first generation, as a whole, to face downward economic mobility compared to their parents’ generation, according to a new report from national policy center Demos and youth advocacy organization Young Invincibles. The report, entitled “The State of Young America,” details how the Great Recession has intensified the impact of thirty years … Continue reading
Youth Unemployment / Are American Next ?
It doesn’t take a degree in economics to know that unemployment hurts an economy. Would-be workers spend less because they earn less (or nothing), and a country’s financial workings and GDP suffer as a result. That much is easy to see, but many of unemployment’s effects can’t be predicted by textbooks, like the full extent … Continue reading
US Youth / More Are Homeless
Across the country, tens of thousands of underemployed and jobless young people, many with college credits or work histories, are struggling to house themselves in the wake of the recession, which has left workers between the ages of 18 and 24 with the highest unemployment rate of all adults. Those who can move back home … Continue reading
Canada / Youth Unemployment : hundreds of programs but do they deliver value for money?
Ottawa, the provinces, municipalities and non-profit agencies offer hundreds of youth employment programs. They include internships, training allowances, tax credits for apprenticeships and career development for marginalized groups. The question is not so much, do we need more programs but, rather, are they effective? Do they deliver value for money? This problem is not unique … Continue reading
Canada / Upturn in youth jobs picture
For months on end, the jobs picture among Canadian youth has been either little improved or deteriorating. That shifted Friday, with a report showing 16,300 new jobs were added for the 15-to-24-year-old crowd last month. That was sufficient to bring their unemployment rate down to 14 per cent from 14.7 per cent in October. Employment … Continue reading
Europe / NEET / 7.5 million young people aged 15–24 and an additional 6.5 million young people aged 25–29 were excluded from the labour market and education in Europe
“The immediate future of Europe depends upon the 94 million Europeans aged between 15 and 29” writes the European Foundation for the Improvement of Living and Working Conditions in NEETs Young people not in employment, education or training: Characteristics, costs and policy responses in Europe. (Adapted choosen excerpts by Job Market Monitor to follow). Apart from the challenges that young people … Continue reading
UK / Youth Work Experience Scheme / Kids need to be given real jobs
T’S easy to start believing it. It’s easy to start believing it even when it’s George Osborne saying it. Easy to start believing that everyone on benefits is a workshy scrounger when the rest of us are skint and wondering how our wages will stretch to payday never mind Christmas. It’s easy to start believing … Continue reading
US / Employment among young people at lowest level since 1950s
Nearly 6.5 million U.S. teens and young adults are neither in school nor in the workforce, veering toward chronic underemployment as adults and failing to gain the skills employers need in the 21st century, according to a new KIDS COUNT® report from the Annie E. Casey Foundation. Many of these young people, ranging from ages … Continue reading
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