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Work: 73 million unemployed young people in the world in 2022

2022-08-11T11:03:04.441Z


International Labor Organization, affected by the pandemic (ANSA) Young people have been disproportionately affected by the pandemic: a report by the International Labor Organization (ILO) reveals that since the beginning of 2020, young people between the ages of 15 and 24 have suffered far greater job losses than adults and that the total number of unemployed young people in the world will reach 73 million in 2022. The figure represents a slight improvement fro


Young people have been disproportionately affected by the pandemic: a report by the International Labor Organization (ILO) reveals that since the beginning of 2020, young people between the ages of 15 and 24 have suffered far greater job losses than adults and that the total number of unemployed young people in the world will reach 73 million in 2022. The figure represents a slight improvement from 2021 (75 million), but remains 6 million above the level of 2019, before the pandemic, he says the Global Employment Trends for Youth 2022 report. 

Furthermore - underlines the ILO in a statement released today in Geneva - the share of young people without work, education or training (NEET) in 2020 - the last year for which a global estimate is available - has risen to 23.3 %, a level not reached for at least 15 years.

The situation of young women is worse than that of young men: in fact, it is expected that only 27.4% will have a job this year, compared to 40.3% of young men, according to the ILO.

Equally important are the differences between the different regions of the world.

Only high-income countries will reach youth unemployment rates close to 2019 levels by the end of 2022, while in other countries they are expected to remain more than a percentage point higher than pre-crisis values, the report predicts.

In

Europe

and

Central Asia

, for example, the youth unemployment rate is expected to be 1.5 percentage points higher than the global average in 2022, respectively 16.4% versus 14.9%, while in

Latin America

, it is expected which will reach 20.5%.

Arab

states

also have the highest and fastest growing youth unemployment rate in the world, at 24.8%, according to the ILO forecasts.

The ILO study also highlights some opportunities.

An increasing number of developed and developing countries are re-examining growth models to shift to "green" and "blue" economic models and according to the report, the joint implementation of environmental, digital and health measures as part of a 'broad investment campaign would increase global gross domestic product by 4.2% and create 139 million additional jobs worldwide, including 32 million for young people.

For the ILO, the shift from emergency aid to recovery support can lay the foundations for a more sustainable, inclusive and resilient economy.

In this context, the gaps in the protection of young people must be corrected by addressing the problems related to unemployment,

Source: ansa

All life articles on 2022-08-11

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