ilo 75 mln jobless youth around globe
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ILO: 75 mln jobless youth around globe

Arab Today, arab today

Arab Today, arab today ILO: 75 mln jobless youth around globe

Geneva - KUNA

The global youth unemployment rate for 2012 remains stuck at crisis peak levels and is not expected to come down until at least 2016, says the International Labour Organization (ILO) in its Global Employment Trends for Youth 2012 report. Projections show 12.7 perent of the global youth labour force will be unemployed this year, unchanged from the peak of the crisis in 2009, and slightly up from last year's 12.6 percent, the report said. The rate would even be higher if one takes into account those who - often discouraged by the lack of prospects - give up or postpone looking for a job. The adjusted rate would put the global youth unemployment rate at 13.6 percent in 2011. In terms of global numbers, there will be nearly 75 million unemployed youth aged 15 to 24 in 2012, an increase of nearly fourth million since 2007. Further pressure on unemployment rates is expected when those extending their stay in the education system because of limited job prospects eventually enter the labour market. "The youth unemployment crisis can be beaten but only if job creation for young people becomes a key priority in policy-making and private sector investment picks up significantly," said Executive Director of the ILO Employment Sector, Jose Manuel Salazar-Xirinachs. "This includes measures such as offering tax and other incentives to enterprises who hire young people, efforts to reduce the skills mismatch among youth, entrepreneurship programmes that integrate skills training, mentoring and access to capital, and the improvement of social protection for the young", he added. Even though some regions have recovered from the economic crisis, or at least mitigated its impact, all face major youth employment challenges. In developed economies the situation is even worse than suggested by the 18 percent youth unemployment rate projected for this year, due to a massive drop-out from the labour force. In the CIS, Central and South-Eastern Europe region, the youth unemployment rate dropped slightly to 17.6 percent in 2011. In contrast with the developed economies, youth participation rates appear to have increased due to the economic crisis in this region, which is likely to be partly poverty-driven. In North Africa, youth unemployment rose by five percentage points following the Arab Spring, leaving 27.9 percent of young people jobless in 2011. In the Middle East the rate was of 26.5 percent. In Latin America and the Caribbean the youth unemployment rate rose sharply during the economic crisis, from 13.7 percent in 2008 to 15.6 in 2009. It decreased to 14.3 percent in 2011, but no further improvement is expected in the medium term. In Sub-Saharan Africa, the rate, at 11.5 percent in 2011, has been fairly stable since 2005. In South-East Asia and the Pacific it was 13.5 percent in 2011, a 0.7 percentage point drop from the 2008 level. Even in East Asia, perhaps the most economically dynamic region, the unemployment rate was 2.8 times higher for young people than for adults. Globally and in most regions, the crisis had a stronger impact on youth unemployment rates among women than men. The difference was particularly strong in North Africa, while in developed economies, the impact was stronger for young men. Many young people are trapped in low-productivity, temporary or other types of work that don't pave the way for better jobs. In developed economies, youth are increasingly employed in temporary and part-time jobs while in the developing world many perform unpaid work supporting informal family businesses or farms. Young people who are neither in employment nor in education have become a serious concern, particularly in developed economies. This group often constitutes at least 10 percent of young people, and has grown rapidly in many developed countries. The Global Employment Trends for Youth 2012 is published ahead of the May 23-25 global Youth Employment Forum (see: www.ilo.org/yef) that will bring together 100 young people involved in the promotion of decent work for youth. The issue also features prominently on the agenda for the ILO's annual International Labour Conference in June.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ilo 75 mln jobless youth around globe ilo 75 mln jobless youth around globe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ilo 75 mln jobless youth around globe ilo 75 mln jobless youth around globe

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday