The International Labour Organization (ILO) published on 8 May its new report ‘Global employment trends for youth 2013'.
The report points that 73.4 million young people in the world – 12.6 per cent of the population – are expected to be out of work in 2013, close to the levels reached at the peak of the economic crisis in 2009. This represents an increase of 3.5 million between 2007 and 2013.
As youth jobs’ gains are wiped out by a slow economic recovery, the report warns against the long-term impact of the youth employment crisis that could be felt for decades, creating a generation at risk of suffering decent work deficits throughout their lives. In its conclusions, the ILO points the youth guarantee as a key measure to tackle the crisis and namely its consequences on young people.
Check our