Job Market Monitor
Youth
New-York – High School Drop-out Rates, Lack Of Job Skills High Among Young
The tenth Annual Education for All Global Monitoring Report shows that 12 percent of young people are dropping out of secondary schools in New York, and are left without vital foundation skills for work. This constitutes one fifth of young people aged 17-24 years being out of school and unemployed. These young people urgently need … Continue reading
UK – Young people seeking low-skilled work: at the heart of the Jobs Gap
The UK labour market has become more challenging for all jobseekers, with unemployment particularly high among young people and those with limited education and skills says a Report by the Joseph Ronwtree Foundation. This research describes the difficulty of job searching for young people seeking low-skilled work, examining three contrasting local labour market areas in England … Continue reading
UK – Young black men have experienced sharpest unemployment rise since 2010
Young black men have experienced the sharpest rise in unemployment since the coalition came to power, with more than one in four of all black 16-24 year olds (26 per cent) currently out of work, according to a TUC report on youth unemployment published today (Wednesday). The TUC report, published to coincide with the TUC … Continue reading
Unesco – India – Over a third of 15 to 19 year olds have less than lower secondary education
Over one quarter of young people in South and West Asia fail to complete primary school and lack skills for work. In India alone over a third of 15 to 19 year olds in India have less than a lower secondary education and lack the skills they need for work and young people without skills … Continue reading
Asia – Youth unemployment is a time bomb
Rising youth unemployment could endanger Asia’s social stability. Asia must come to grips soon with the growing number of unemployed young people or it risks increasing social problems or even violence, as witnessed in cities in Europe and throughout the Arab world, say labour specialists. “Seventy-five million youth, under the age of 24, across the … Continue reading
Canada – Youth largely working or learning says an OECD report
Economic turmoil may have been pushing young people out of the workforce and sidelining them from their educational goals, but a report from the Organization for Economic Co-Operation and Development suggests Canada’s youth are faring better than most. The organization’s “Education at a Glance” report found that 14 per cent of Canadians between 15 and … Continue reading
US – Young Adult Unemployment – Something permanent in character has changed, for worse
A long term look The Unemployment rate for 20 to 24 years is has been higher than the overall rate since the BLS has produced those two series, except for a couple of months at the beginning of the 50’s when the job market was at full employment. Each recession has worsened the relative situation … Continue reading
Canada – Youth – An interview with Angella MacEwen, economist at the Canadian Labour Congress
Q. There doesn’t seem to be much of a recovery in the job prospects of young workers. Why does this segment of the labour force continue to lag behind? A: Youth tend to suffer more during a recession, and take longer to recover from its effects. They often lack the experience and / or connections … Continue reading
Young American – Away from commitment
As the Great Depression shaped the attitudes of a generation from 1929 until the early years of World War II, so have the financial crisis and its aftermath affected the outlook of young consumers like Anselmo, said Cliff Zukin, a professor of public policy and political science at the Edward J Bloustein School of Planning … Continue reading
UK – Going to bad universities to study subjects no employers want – Martin Stephen
Dr Martin Stephen was High Master of St Paul’s from 2004 to 2011. He was previously High Master of Manchester Grammar School and headmaster of The Perse School. Surprised to hear that more than 20,000 graduates from the year of 2011 were still unemployed six months after they graduated? We shouldn’t be. This is a full-scale … Continue reading
UK – Record sum in vocational education
The coalition is investing a record sum in the kind of educational opportunities that 16 to 18 year-olds need Polly Toynbee writes of the “shocking news … that the number of 16-year-olds staying on in education has fallen for the first time in years”. It is hardly shocking when you consider that the fall in … Continue reading
UK – Unemployment falls for the over 65s , yet youth unemployment is now 21.9%
The latest unemployment figures show that the number of over 65s in work has risen by 52,000 to reach 929,000, the highest number since records began in 1992. Yet in the same period, youth unemployment has fallen by just 10,000. (It is now 21.9%, meaning over 1 in 5 under 24s is jobless.) In response … Continue reading
Europe – Unemployment – A tragic past
Just like in the 1930s, when the Great Depression caused youth unemployment to hit the 50% levels in Germany, the current financial crisis is wreaking havoc on young people. Young people are always hardest hit due to their lack of work experience. This is now accentuated as the youngster from Athens competes directly against the … Continue reading
Netherlands – Sharp rise in ethnic minority youth unemployment
The unemployment rate among youngsters with an ethnic minority background rose between 22% and 29% over the first three months of this year, compared with 10% for the native Dutch, according to new research by the Forum institute. Of youths with a Moroccan background, up to 39% may now be without a job, Forum, which … Continue reading
Millennials – Athens the best metropolitan areas for 18 to 29 year olds ? Yes, Athens, Georgia
A weak job market, along with the high cost of higher education, have made it difficult for the average college graduate in America. Approximately 53 percent of college graduates under the age of 25 are either jobless or primarily working jobs that don’t require a college degree, according to an April study by Drexel University. … Continue reading
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