Youth unemployment crisis stuck until at least 2016, predicts the ILO

ILO's Theodor Sparreboom, Senior Economist, presents the current youth unemployment rates, which at a global level, are stuck at 12,7%. The situation is worsening, especially in developed economies, where the average rate has not returned to pre-crisis levels. The ILO Global Employment Trends for Youth Report 2012 also warns of the dramatic deterioration of the labour situation for young people, who increaingly are employed in part-time and temporary jobs, as they have no other alternatives.