Job Market Monitor
Youth
US / Only major economy where the younger generation not to be better educated than the older
An integral part of the American Dream is under threat – as “downward mobility” seems to be threatening the education system in the United States. The idea of going to college – and the expectation that the next generation will be better educated and more prosperous than its predecessor – has been hardwired into the … Continue reading
Youth Transitions / A function of how economic, education and employment policies interact
“Youth unemployment was rising since well before the current economic downturn, but the fallout from the financial crisis has brought it to the top of the government’s agenda and generated a plethora of publications and initiatives to tackle the problem.” write Tess Lanning and Katerina Rudiger in Youth unemployment in Europe: lessons for the UK (Adapted chosen excerpts by … Continue reading
Germany / New evidence on start-up subsidies and programs for unemployed youth – they work
‘In industrialized economies such as the European countries unemployment rates are very responsive to the business cycle and significant shares stay unemployed for more than one year.” writes Künn, Steffen in Unemployment and active labor market policy : new evidence on start-up subsidies, marginal employment and programs for youth unemployed. (Adapted choosen excerpts by Job Market Monitor … Continue reading
Europe had 7.5 million NEETs aged 15 to 24 in 2011, a big burden
Europe’s young people are suffering disproportionately in the economic crisis and we must do more to prevent them from becoming ‘a lost generation’ – says think-tank Youth unemployment rates in some European Union countries are scandalously high. Many member states are hoping to copy the success of the German apprenticeship system. Although nations should be encouraged to … Continue reading
Nigeria / Youths Shut Down Indomie Factory demanding for the industry to extend employment opportunities
For those who eat Indomie a lot, in case you find the product scarce any time from now, do not be surprised. Information filtering in has revealed that youths from five communities in Chikun local government areas have shutdown and sealed off Africa’s largest indomie factory located in Kaduna South. The factory was sealed today … Continue reading
India / Youth Unemployment
India, one of the youngest countries in the world, where youth accounted for 20% of the total population in 2011, according to the Registrar General of India. More importantly, the dependency ratio – the number of children and elderly people per working-age person — declined 21% over the last three decades. In China, the ratio … Continue reading
Africa / AfDB-OECD Conference On Youth Employment in West Africa
The Government of Senegal hosted the West Africa Regional Conference on Youth Employment on Saturday, November 10 in Dakar. The one-day conference, co-organized by the African Development Bank and the OECD Development Centre, brought together West African Ministers, youth organizations, civil society and the private sector. The conference received the special attendance of H.E. Olusegun … Continue reading
India / Red zones / Bank job training for youths
The National Skill Development Corporation (NSDC) plans to train youth from Naxal-hit areas in basic accounting skills. The initiative is aimed at helping the youth find jobs with local banks, where operations often take a hit as few regular employees are willing to be posted in Red zones due to safety concerns. The NSDC, sources … Continue reading
NZ / Skills Gap / Rising generation out of jobs
As students look to next year, the Herald begins a week-long investigation into why so many are leaving school without the skills they need. Students James Aylett and Paige Tapara of Rosehill College already have ideas about the careers they’d like to follow. Photo / Natalie Slade A tragic mismatch of skills is shutting most … Continue reading
Arab Youth / Lack of soft skills robs of jobs experts say
The gap between what young people are taught and what potential employers require is fuelling regional youth unemployment. About 20 per cent of the most educated in the UAE population have no jobs, and in some countries such as Saudi Arabia the figure is double that. “When we talk about the readiness of graduates for … Continue reading
Africa | Agriculture and self-employment for youth unemployed
Unemployment among young people in Africa is increasingly recognised as a first order development challenge. Coming on the heels of sustained investment in education and unprecedented but largely jobless economic growth, the possibility of a ‘lost generation’ of young people, for whom meaningful and rewarding work is little more than a mirage, poses a fundamental … Continue reading
Youth Unemployment – US vs Europe
The latest unemployment statistics released this week on both sides of the Atlantic show that the number of jobless is continuing to rise in Europe far above the rate in the U.S., and the picture is especially bleak for young Europeans under the age of 25. In the 27 E.U. nations as a whole, the youth unemployment … Continue reading
14 million young people are NEET: not in employment, education or training
Some 14 million young people are not in employment, education or training across the EU as a whole. However rates vary widely from from around 5.5% of 15-24 year olds in the Netherlands to 22.7% in Italy. The economic cost of not integrating NEETs is estimated at over €150 billion, or 1.2% of GDP, in … Continue reading
Job Gap – Youth Unemploment: An Interview with ILO Economist Sara Elder (video)
An Interview with ILO Economist Sara Elder
Youth Unemployment – UK – Are vocational qualifications a better option than university ?
“In this economic climate, with such high rates of graduate unemployment, should school leavers give far greater consideration to vocational qualifications?” asks Jane Scott Paul in Are vocational qualifications a better option than university? on guardian.co.uk. “Sadly though, youth unemployment is hardly limited to unqualified school leavers: it now extends to many of Britain’s brightest … Continue reading
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