Source: ILO, Trends Econometric Models, April 2014.
- Almost 74 million youth – aged 15-24 - were unemployed in 2013, an increase of almost 250,000 over the previous year.
- The global youth unemployment rate reached 13 per cent, almost three times as high as the adult unemployment rate.
- There were 37.1 million fewer young people in employment in 2013 than in 2007.
- The global youth labour force participation rate, at 47.4 per cent in 2013, was more than two percentage points below pre-crisis level, as more young people dropped out of the labour market.
- The share of young people in the 15-29 age group who are neither in employment, education or training (NEET) rose in 30 of the 40 countries for which data was available in 2013.
- In developing countries, six out of ten workers in the 15-29 age group lacked a stable employment contract, six out of ten had below average wages and eight out of ten were in informal employment in 2012.