ILO report
Global Employment Trends for Youth: 2011 update
The report presents the latest global and regional labour market trends for youth and examines whether or not the situation that young people face in the labour market has improved or worsened over the year and a half since the release of the special edition of the Global Employment Trends for Youth, August 2010 on the impact of the economic crisis. One year later, with an environment of growing uncertainty in the economic recovery and stalled recovery in the job market, the report draws the unfortunate conclusion that the situation facing youth in the labour market has not improved and that prospects for the future are not much better.
The report examines the latest global and regional labour market trends for youth as well as country-level data on indicators such as youth unemployment, long-term unemployment, part-time employment and working poverty. With as much as one in three unemployed persons today between the ages of 15 and 24 years, political pressure to prevent the disheartening of a “lost generation” increases and governments are called on to shift priorities toward greater investment in youth. It concludes with some recommendations for policy responses that can help to prevent the current crisis in the youth labour markets from becoming structural.