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Youth unemployment in the 21st century

Published on 27.11.2018 at 21:33

The average global youth unemployment (15-24 Years) rate as of late 2018 was at 16.59%, with some countries such as Bosnia registering 55.5%. These rates indicate worrying trends that need to rapidly be addressed with great strengths, by integrating developmental goals and targets that are meant to ensure the youth is empowered to grow economically, socially, politically and professionally.

 

Youth training for empowerment is seen as the pathway for reducing youth unemployment while trends from ILO World Employment Social Outlook 2018 report prove that the labour market will continue to worsen, indicating that the unemployed youth is estimated to grow by 1.3 million in 2019, as countries are going through difficult times to fight growing youth population vs. increasing unemployment rate.

 

Lack of career training in many countries result in youth engaging in crime related activities, creating trends showing how unemployment and crime are directly proportional. Whereas some unemployed youth are engaging in petty crimes to support their lives, with an increased rate of suicide, despair and lack of motivation, others have gone to the extreme of joining extremist groups because they have no hope.

 

It is a threat to country and youth due to the mutual relation between political accountability and youth employment: whether youth are unwilling to acquire the right skills, or governments lack commitment to the training requirements of youth. To close gaps and equip youth with required competences, skills-oriented training for empowerment, capacity strengthening and outdoor activities need to be integrated.

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