Youth unemployment rising, report warns

11:41 • 22.05.12



Almost 13% of young people worldwide are out of work, and their situation is unlikely to improve for four years, a report by the International Labour Organisation (ILO) says.


Many skilled young people are being forced into part-time and unskilled work, the report says.

 


It warns that more than six million others are so disillusioned that they have given up looking for work.
The ILO wants governments to make job creation a priority.

 


It wants more training schemes, and also tax breaks for employers.
Since 2007, the number of young people without jobs has risen by four million, the Global Employment Trends for Youth report says.

 


Almost 13% of people aged between 15 and 24 - or almost 75 million - have no work.

 


In the European Union, one in five young people are looking for work, the report claims.

 


Some 27.9% of youths were unemployed in North Africa last year following the Arab Spring uprisings - a rise of five percentage points on 2010.

 


In the Middle East, the figure stood at 26.5% in the report's regional breakdown.

 


"Even in East Asia, perhaps the most economically dynamic region, the unemployment rate was 2.8 times higher for young people than for adults," the report said.
 

Armenian News - Tert.am





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