FULL LIST OF BLOGS

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BLOG: Youth Employment Subsidy has Been 'Positive' and Should be Extended, Nov 2016

Biz Community

University of Cape Town (UCT) academics who in the initial stages were tentatively doubtful about the likely success of the employment tax incentive, are "cautiously positive" that it has improved the employment of young workers. In a submission on the incentive, the UCT development policy research unit's Prof Haroon Bhorat and Amy Thornton recommended that it should be extended, as proposed by the Treasury.

BLOG: Global Economy Could be $1.1T Richer by Following German Youth Employment Model, Nov 2016

Yahoo Finance Canada

Just 10.1 per cent of Germany’s young workers, between the ages of 20 and 24, are not in school or out of work. That impressive figure places the country among the world’s leaders in youth employment. And, according to a new report by PricewaterhouseCoopers, if all member countries of the Organization for Economic Co-operation and Development lowered their youth NEET rates (not in education, employment or training) to near German levels they could stand to gain about $1.1 trillion in gross domestic product across the board.

BLOG: People’s Living Standards – Do Numbers Tell the Whole Story? Nov 2016

The World Bank

Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around us: to calculate, to compare, to measure, to understand economic and social trends in the countries where we work. But do we perhaps rely too much on numbers to gain an understanding of people’s lives and the societies in which they live? Do numbers really tell us the whole story, or give us the full picture?

BLOG: Improve Workforce Development Systems in 5 (not so simple) Steps

The World Bank

In the last decade, policy attention to better develop the knowledge and skills of the workforce has increased for several reasons. First, global youth unemployment rates, three times higher than the unemployment rate for those over 25 years old, have raised concerns about social stability as well as sustained and long-term economic growth. Second, many who argue that youth unemployment is partially caused by a mismatch between graduates’ skills and the skills that employers need, also believe that revitalizing vocational education and training can help address the problem. Third, a skilled workforce that can easily adapt to technological change is likely a fundamental component for countries to remain competitive in the global economy.

BLOG: Malawi’s Future is in the Hands of the Youth Entrepreneurs, Nov 2016

UN SDG Action Campaign

Malawi is one of the poorest countries in the world and its economy is worsening. Malawians are struggling to earn enough money to feed their families and two years of poor harvests means that people are hungry. There’s no welfare state, so earning a living is vital for survival. To make matters worse, Malawi also faces a serious youth unemployment crisis and the highest working poverty rate in the world. According to a report of the National Statistical Office and ILO, in 2013 only 11.3% of the working population was in formal employment, and the figures for those under 35 are worse.

BLOG: Advice on Youth Entrepreneurship from a Young Media Mogul – An Interview with Tiffany Pham, Nov 2016

UN Youth

In the margins of the 71st Session of United Nations Economic and Financial Committee (Second Committee), the Division for Social Policy and Development (of the United Nations Department of Economic and Social Affairs) organized a side-event to provide stakeholders with the space to examine initiatives that have worked in youth employment and entrepreneurship and to share lessons that can be adapted and adopted by all stakeholders. On that occasion, Tiffany Pham, the 29-year-old CEO and founder of the online platform Mogul which reaches 18 million women per week, emphasized why youth entrepreneurship and the contributions of young people are essential for innovation and solving real-world problems. In the below interview, Tiffany shared her views on being a young entrepreneur and some of the challenges she faced as a young woman in the media and technology industries.

BLOG: Connecting Unemployed Youth with Organizations That Need Talent, Nov 2016

Harvard Business Review

Gap Inc. understands both hiring math and competitive strategy when it comes to filling entry-level jobs in its 3,000-plus Gap, Banana Republic, and Old Navy stores. Across the U.S., nearly 6 million entry-level jobs will be created from 2012 to 2022, according to the Bureau of Labor Statistics. With low unemployment, the competition for talent remains fierce. Gap is joining a growing corps of large companies that are turning to an overlooked pool of entry-level talent: the 5.5 million 16-to-24-year-olds, called “opportunity youth,” who are out of school and out of work. 

BLOG: Access To Finance For Youth: An Opportunity In Afghanistan, Oct 2016

Chemonics International

Financial inclusion seeks to increase the number of individuals who are able to access formal financial services, with a focus on providing access to marginalized populations such as youth or women. According to the World Bank, almost 40 percent of the adults in the world do not use formal financial services, such as licensed commercial and development banks, savings and loan companies, and deposit-taking entities. The majority of the individuals who do not access these services come from poor households. 

BLOG: A Stronger Voice, A Better Commonwealth, Nov 2016

The Commonwealth Secretariat

The Commonwealth Secretariat is bringing together young entrepreneurs from across West Africa with the intent of setting up a new regional youth alliance, writes Musa Temidayo, a young Commonwealth Correspondent from Lagos in Nigeria. Never have I been more convinced about the importance of creating a supportive and thriving ecosystem for young entrepreneurs, and a stronger platform that will operate not just on a national setting but with a regional outlook.

BLOG: UN, African Union Partnership to Foster Job Opportunities for African Rural Youth, Oct 2016

The United Nations Food and Agriculture Organization (FAO)

The United Nations Food and Agriculture Organization (FAO) has partnered with the New Partnership for Africa’s Development (NEPAD) to generate job and business opportunities for young people in rural Benin, Cameroon, Malawi, and Niger, thanks to a $4 million grant from the Africa Solidarity Trust Fund. A new agreement was signed today by FAO Director-General José Graziano da Silva and NEPAD Planning and Coordination Agency (NPCA) Chief Executive Officer Ibrahim Assane Mayaki that will enable the four countries to create and implement policies in support of enterprise development in rural areas.

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