Global employment trends for youth

Due to the financial crisis in 2008 many became unemployed. Among the group who where affected the most was the youth. The economic crisis did not helped young people to find a job, and the fragility for the one who had a job before the crisis were only confirmed. The youth are “first” out and “last” ones in the labour market when facing economic crisis.

Before the crisis in 2007 more than 70,5 millions were unemployed. The statistic shows that from 2002 until 2007 the unemployment rate among youths degreased (from 77 million unemployed in 2002 until 70,5 in 2007). Already in 2008 the number of unemployed began to rise, and by 2009 the number of unemployed had increased to 75,8 (more than 4,8 millions since 2008). However the unemployment rate among youth has not changed drastically since 2009, and remains high. Today more than 74,6 millions are without work.  The unemployment rate is drastically higher than the unemployment rate among adults, which understates the theory that the young are the first to get laid off, and the last to get hired again.

Some trends for youths in the labour market after the crisis are: more likely to become unemployed of a long period of time. For instance in Italy a young person is three times more likely to be unemployed for more than a year, than an adult. There has been an increase in inacticvity among young people. Another mayor point is the increase in part time employment. This may be caused by young people wanting to study and prioritizing their education while working part-time to gain the experiences. The downside is that many youth are only working part time jobs because there are no possibilities to find a fulltime job. In countries like Norway, the Netherlands, Canada and Denmark more than half of the youths are working on a part time basis.

There are mayor differences between the different regions. The youths in the developed countries have been affected the most by the unemployment. In some countries like Spain the youth unemployment is almost 50%. Often there is a lower unemployment rate among youths in less developed countries than in high developed countries. Often the young have to work to survive. This does not, however, means that the jobs are better. Usually they work more, under worse conditions and for a lower salary. There is many more working in these conditions than trying to find a job.

One of my suggestions it that the governments have to create a guidance services or a framework which could make the process from school till working go more smoothly. By offering job placement, recruiting, training programs and other following up actions can make it easier to enter the labour market.

 

http://www.ilo.org/wcmsp5/groups/public/—ed_emp/—emp_elm/—trends/documents/publication/wcms_165455.pdf

4 thoughts on “Global employment trends for youth

  1. These are really scaring facts I think, that so many young people struggle with finding a job. And that the rate is higher in more developed countries. Could be because of the fact that a education is seemed as very important. But something has to be done! I agree with the writer of the blog, that the road from school into the labour market needs to me smoother, and more collaboration between school and the labour market would be to prefer.

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  2. This text shows that youth is the first who is affected by economic crises. But the community does not see that this fact will influence the whole sociality. As the youth are not working they cannot start building a familiy. Without this there are no new children and the population will get older. The demographical change will get worse. For countries with a high youth unemployment rate there is the risk that the youth will go to countries where they can find work. Here again the demographical change gets worse. The goverment has to find ways to let the youth stay in their countries and to find possibilites to earn money. If the goverment does not solve the problem, especially countries with a high youth unemployment rate will lose their youth and with it the future of the country.

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  3. The high unemployment rate among youth is world-wide a big problem. Since the global crises the situation got even worse. Young people are usually the employees with the least working experience. This makes them the first to go when it comes to cutting jobs in a company. The lack of working experience is most often the reason why HR prefers to hire more senior people that can provide more working experience and recommendation on their CV.
    Being unemployed is never a nice situation, but especially for young people it is very hard to deal with. Receiving one refusal after another young people might become unmotivated quite easily and finally give up looking for a job at all. This leads to a waste of resources (human capital) and might even lead straight into long-time unemployment as it becomes more and more difficult to find a job the longer you are out of it.
    Part-time jobs might a short-time solution. However, also with a part-time job you cannot make long-time plans. Saving up money for a wedding, building a house or getting children is not possible. Being unemployed during your youth might not only cause a loss of self-esteem but also will change the plans for future life. Politicians have to be aware of that and work hard with the businesses to make it more easily for young people to get a step into or back to a permanent position.

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