Addressing Youth Unemployment: Issues and the Causes

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International Labour Office. Addressing Youth Unemployment: Issues and the Causes. Romina Bandura Panel discussion: World Bank - Global Youth Conference Washington, D.C., 7 March 2012 . OUTLINE. GET Youth Report Youth Employment Trends Disadvantages Faced by Youth in the Labor Market - PowerPoint PPT Presentation

Transcript of Addressing Youth Unemployment: Issues and the Causes

SWTS Survey Design and Analytical Framework

Addressing Youth Unemployment: Issues and the Causes

Romina BanduraPanel discussion: World Bank - Global Youth Conference

Washington, D.C., 7 March 2012 International Labour Office

Youth Employment Programme1OUTLINEGET Youth Report

Youth Employment Trends

Disadvantages Faced by Youth in the Labor Market

What Can Be Done? Policy Recommendations

Youth Employment Programme2I -Global Employment Trends for Youth (GET Youth)Youth in GET defined as the age group15-24 years old.

Youth GET every 2 years by ILOs Employment Trends Team (Geneva). Other reports: Global GET and GET Women

Editions: 2004, 2006, 2008, 2010*, update in 2011 and forthcoming in 2012.

World and regional labor market indicators for youth, analysis of trends and lessons learned.

ILOs Global Employment Trends Model used to produce estimates.

Data: ILO specialists select only those observations deemed sufficiently comparable across countries with criteria including: (1) type of data source; (2) geographic coverage; and (3) age group coverage.

* Special issue on the impact of global crisis on youthYouth Employment Programme3II Youth Employment Trends (1)Global youth unemployment rate stands at 12.6%, that is 75 million youth are unemployed (4.6m more than in 2007).

Of the 200 million unemployed worldwide, 40% are youth.

Globally, the youth unemployment rate is 2-3 x that of adults, increased over the crisis period.

Regional differences highest rate increase in developed economies and EU; highest rate in MENA.

Unemployment among youth in many LICs is just a luxury for a few youth, while decent work deficits stemming from underemployment, informality and working poverty are the main factors characterizing the youth labour market.

Youth labor force participation rates and E/P ratios are declining (education but also discouragement)

Youth Employment Programme4II Youth Employment Trends (2)Youth unemployment is but the tip of the iceberg in many regions. The challenge is to create decent work for youth.

Lengthy period of search: LT unemployment rates for youth surpass those of adults in developed countries.

Employment Status: part time employment rates increased for youth (often involuntary part time); employment in the informal economy; withdrawal altogether.

Young Working Poor: If we add the 150 million young working poor (