Tuesday, August 17, 2010
[IWS] ILO: GLOBAL EMPLOYMENT TRENDS for YOUTH, August 2010 [11 August 2010]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
International Labour Organization (ILO)
Global Employment Trends for Youth, August 2010 [11 August 2010]
[full-text, 87 pages]
Press Release 11 August 2010
World economic crisis has spurred a record increase in youth unemployment says ILO
The report presents the latest global and regional labour market trends for youth and specifically explores how the global economic crisis has exposed the vulnerabilities of young people around the world. In developed economies, the crisis has led to the highest youth unemployment rates on record, while in developing economies – where 90 per cent of the world’s youth live – the crisis threatens to exacerbates the challenges of rampant decent work deficits, adding to the number of young people who find themselves stuck in working poverty and thus prolonging the cycle of working poverty through at least another generation.
This report is the fourth in the series, with previous editions produced in 2004, 2006 and 2008. As in the previous reports, it incorporates the most recent labour market information available to explore the theme of the vulnerabilities of youth to unemployment and decent work deficits, showing where progress has or has not been made in absorbing the energy, talent and creativity of young people into the productive potential of the economy. Chapter 2 updates the world and regional youth labour market indicators and provides detailed analyses of the longer-term trends in youth population, labour force, employment and unemployment, and provides a first glimpse at new estimates of working poverty among youth.
The Global Employment Trends for Youth, August 2010 remains unique, however, as the only report in the series to be written in the midst of a global economic crisis. As such, it inevitably addresses the impact of the crisis on young men and women around the world. The impact on young people is defined and placed in a broader context in terms of comparisons among regions, between sexes and among other age cohorts (namely, that of adults). Chapter 3 explores the question of whether young men and women, already defined as a group with serious vulnerabilities even at the best of times, can become even more vulnerable during times of economic shocks. It looks at where the crisis impact is being felt the hardest in terms of youth employment and unemployment and where the impact is showing up more indirectly in view of longer-term development prospects. Finally, Chapter 4 looks at some lessons learned from evaluated youth employment programmes. Ideally, such lessons can help to shape future developments as countries continue to prioritize youth in their national recovery policy agendas.
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Director, IWS News Bureau
Institute for Workplace Studies
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641