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Slight drop in the number of unemployed young people in the world in 2022, according to the ILO

2022-08-11T11:45:10.327Z


Their number is expected to fall by 2 million from 2021, to reach 73 million this year, the International Labor Organization said.


The number of unemployed young people is expected to fall in 2022 across the world, while remaining above its level before the coronavirus pandemic, with still major gaps between countries but also between men and women, the ILO said on Thursday. .

Their number is expected to fall by 2 million compared to 2021, to reach 73 million this year, the International Labor Organization said in a report published on the occasion of International Youth Day.

This figure remains 6 million higher than in 2019, before the pandemic.

The recovery of youth employment is lagging behind that of adults

at the global level, notes the ILO, which points out that already during the pandemic 15-24 year olds had experienced a much greater percentage loss of employment than adults.

Unsurprisingly, young women are still worse off than young men: in 2022, the ILO predicts that 27.4% of them will have a job, compared to 40.3% of young men.

This gender gap has shown little sign of narrowing over the past two decades, and is greater in lower middle income countries.

The youth labor market recovery is also expected to diverge between low- and middle-income countries on the one hand and high-income countries on the other.

High-income countries are the only ones projected to reach youth unemployment rates close to 2019 levels

8.4 million additional jobs for young people by 2030

In Europe and Central Asia, the youth unemployment rate is expected to be 1.5 percentage points higher than the global average in 2022 - 16.4% vs. 14.9%, respectively.

According to the ILO, “

substantial progress has been made in reducing youth unemployment – ​​for both women and men – but the real and potential shocks of the war in Ukraine are likely to affect the results

”.

The Arab States have the highest and fastest growing youth unemployment rate, projected at 24.8%.

In Africa, the youth unemployment rate of 12.7% masks, according to the ILO, the fact that many young people have chosen to withdraw completely from the labor market.

The report also looks at job-creating sectors.

The ILO believes that 15-24 year olds are best placed to benefit from the expansion of more sustainable economies.

Thus, 8.4 million additional jobs could be created for young people by 2030 thanks to the implementation of so-called "

green

" and "

blue

" policy measures, thanks in particular to investments in clean and renewable energies, sustainable agriculture, recycling and waste management.

The report also highlights that modeling suggests that achieving universal broadband internet coverage by 2030 could lead to a net increase of 24 million new jobs globally, including 6.4 million youth.

Finally, ILO simulations suggest that investments in health services, long-term care and education - sectors that employ many young workers and especially young women workers - could enable the creation of 17, 9 million more jobs for young people by 2030. For the ILO Deputy Director General for Policy, Martha Newton, “

what young people need most are well-functioning labor markets, with decent job opportunities for those already participating in the labor market, as well as quality education and training opportunities for those who have yet to enter

.

Source: lefigaro

All news articles on 2022-08-11

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