Unemployment rates for youth are invariably higher than those for adults. This reflects several factors, including the lack of experience of young people entering the labour market for the first time, and the lack of strong work-related networks that are often important for finding a job.
The level of youth unemployment varies across countries. Particularly in low-income countries, many workers have to accept any job just to make a living.
What are the main solutions?
There is no ‘magic bullet’ to tackle youth employment and unemployment issues, but important elements of such strategies include education and skills development, entrepreneurship development, and of course better labour market information, statistics and analysis.
In the European Union, the focus is currently on youth employment guarantees, and an important aspect of such guarantees is that all youth are offered opportunities.
What is needed in developing economies is ultimately the same. All youth should have opportunities to contribute, and in many cases this means upscaling of successful programmes, so that more young people can both benefit and contribute. Source: theguardian
