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INTERNATIONAL LABOUR ORGANISATION REPORT
Global youth jobless rate a warning
Youth, they say, should be led by their dreams. But
for some 88 million young people aged 18-24 — who are out of work in the
world today — the means to even satisfy their basic needs, leave alone
dreams, seem far, far away. A huge army of young hands and brains, but
no work, is “an economic waste”, says an International Labour Office (ILO)
report, Global Employment Trends For Youth 2004. It puts the global
youth employment rate at 14.4% in 2003, a 23% rise in the total number
of unemployed young people over the past decade. What’s more, half the
world’s unemployed are under 24. Although young people represent 25% of
the working age population, they made up 47% of the 186 million people
without work worldwide in 2003, the report added. It warned that massive
unemployment among the youth could turn into a social menace, thereby
breeding vulnerability and feeling of exclusion and worthlessness. This,
in turn, may lead to “personally and socially destructive” activities.
As in many other studies on social trends, women, yet
again are the more disadvantaged lot here too. They form a majority of
the unemployed young poor. Even those among them who do find jobs, face
long hours, short-term contracts, low pay and little or no social
protection. Among regions, West Asia had the highest youth unemployment
rate in 2003 at 25.6%, followed by Sub-Saharan Africa at 21%. The lowest
was in East Asia (7%) and the industrialised economies (13.4%). The only
region where youth unemployment saw a notable decrease, from 15.4% in
1993 to 13.4% in 2003, was the industrialised world. “The relative
disadvantage of youth is more pronounced in the developing countries,
where they make up a strikingly higher proportion of the labour force
than industrialised economies”, the report says. In fact 85% of the
world’s youth live in developing countries and are 4.1 times more likely
to be unemployed than adults.
It calls for a combination of targeted as well as
integrated policies on youth unemployment, especially in the developing
countries, which have the largest share of youth within the working age
population.
“The fate of youth entering the labour force in years to come will
depend both on economic growth rates and on improvement in the
employment content of growth,” the report says.
27 January 2005
http://www.financialexpress.com/fe_full_story.php?content_id=80805
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