Global youth unemployment:
Global youth unemployment has become a reservoir of wasted talent and a tinderbox of frustration. With 75 million young people jobless around the world, tackling this crisis must be a key priority. It’s no easy task. Youth unemployment is the sharpest edge of the global labor crisis and it’s also the toughest nut to crack. But it’s a challenge we must meet head on. We have tried for quite some time to make the case about learning from countries that have youth guarantee schemes, and we should turn up the volume on this one.
The idea is to guarantee that a young person who is out of education and out of work is given a job or training, as well as counseling and guidance. This is not a utopia. Such programs have proved quite successful in Nordic countries as well as in Germany and Austria. read more