Global Employment Trends for Youth 2013

by Sabrina I. Pacifici on October 7, 2013

“In its report on the Global Employment Trends for Youth 2013 – A Generation at Risk [May 8, 2013] – the International Labour Office (ILO) examines the continuing job crisis affecting young people in many parts of the world. It provides updated statistics on global and regional youth unemployment rates and presents ILO policy recommendations to curb the current trends.” The  weakening  of  the  global  recovery  in  2012  and  2013  has  further  aggravated  the  youth jobs crisis and  the queues for available jobs have become longer and longer  for  some unfortunate young job seekers. So long, in  fact that many youth are giving up on  the job search. The prolonged jobs crisis also forces the current generation of youth to be less selective about the type of job they are prepared to accept, a tendency that was  already  evident  before  the  crisis.  Increasing  numbers  of  youth  are  now  turning  to  available  part‐time  jobs  or  find  themselves  stuck  in  temporary  employment.  Secure  jobs,  which  were  once  the  norm  for  previous  generations  –  at  least  in  the  advanced  economies have become less easily accessible for today’s youth. The global youth unemployment rate, estimated at 12.6 per cent in 2013, is close to its  crisis peak. 73 million  young people are estimated  to be unemployed in 2013. At  the  same  time,  informal  employment  among  young  people  remains  pervasive  and  transitions to decent work are slow and difficult.”

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