The report presents the latest global and regional
labour market trends for youth and examines whether or not the situation
that young people face in the labour market has improved or worsened
over the year and a half since the release of the special edition of the
Global Employment Trends for Youth, August 2010 on the impact of the
economic crisis. One year later, with an environment of growing
uncertainty in the economic recovery and stalled recovery in the job
market, the report draws the unfortunate conclusion that the situation
facing youth in the labour market has not improved and that prospects
for the future are not much better.
English [pdf 1907KB]

In August 2010, the ILO published the Global
Employment Trends for Youth: Special issue on the impact of the global
economic crisis on youth. The report presented an analysis of the latest
available world and regional aggregates of key labour market indicators
for young people aged 15 to 24 years, with a specific focus on how
young people fared in the face of the recent global economic crisis. One
year later, with an environment of growing uncertainty in the economic
recovery and stalled recovery in the job market, the ILO revisits the
much publicized youth labour market figures and draws the unfortunate
conclusion that the situation facing youth in the labour market has not
improved and that prospects for the future are not much better. Not only
do youth unemployment rates continue to rise in developed economies,
but also the increasing length of the job search is leading some young
people to become discouraged and fall out of the labour force entirely.
In developing regions, on the other hand, many young people continue to
work while living in conditions of extreme poverty.
The report
examines the latest global and regional labour market trends for youth
as well as country-level data on indicators such as youth unemployment,
long-term unemployment, part-time employment and working poverty. With
as much as one in three unemployed persons today between the ages of 15
and 24 years, political pressure to prevent the disheartening of a “lost
generation” increases and governments are called on to shift priorities
toward greater investment in youth. It concludes with some
recommendations for policy responses that can help to prevent the
current crisis in the youth labour markets from becoming structural.