Youth employment cannot recover from the pandemic blow

The International Development Organization said today that according to the latest data, youth (young ninth) who are unemployed or not following any education or training program in 2020 represent 23.3% of the total, 1.5% more than in the previous year. Labor (ILO).

A report by the ILO, containing the latest data on the state of youth employment in the world, argues that young people’s labor market opportunities and achievements risk continuing to decline in the future unless concrete policies are implemented to prevent it. .

Employment analyst Niall O’Higgins said at a press conference that information from different parts of the world will show that the nine ratio continues to grow in a very uncertain international economic context.

The gender gap is reflected in the NEET statistics because younger women are more likely than younger men to be in this condition.

Global youth unemployment rate

The global youth unemployment rate was 15.6% in 2021, three times that of adults, showing 75 million young people in absolute terms looking for jobs AND not finding them.

The ILO carries out the following projects in its report: The situation will improve somewhat and the number of unemployed youth will decrease by two million by the end of 2022. (14.9%), however, there will be 6 million more unemployed youth in the world than before the pandemic.

In terms of unemployment, the gender gap also shows little sign of narrowing and is larger in low- and middle-income countries than in high-income countries.

In these country groups, youth employment recovery will be uneven, and by the end of this year only high-income countries will reach a level of youth unemployment comparable to that of 2019. at least one percentage point above the value recorded before the health crisis.

this war in ukraine will have negative effects Especially in Europe and Central Asia, 16.4% and 14.9% of unemployed youth, respectively, are expected to be 1.5% more than the world rate by the end of 2022.

Public policies in favor of young people

ILO experts advocate public policies promoting youth employment and focus on decent workand in the green and digital economy, which has significant growth opportunities and can absorb a more or less skilled young workforce.

According to the report, up to 8.4 million new jobs for youth could be created through the implementation of sustainable economic policies, including responsible use of ocean resources.

Another clue analysts have given points to the potential for job creation if universal broadband internet coverage is achieved, which could result in a net job increase of 24 million, of which 6.4 million are for youth.

Moreover investments health And in Education It will increase employment opportunities among young people, facilitate their permanence in the labor market and expand their educational opportunities.

According to the ILO, an additional 17.9 million jobs could be created for young people by 2030 if sufficient resources are channeled into both sectors.