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.
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.
International Labor Organization
The report, Non-standard employment around the world: Understanding challenges, shaping prospects , highlights the policies needed to improve the quality of non-standard jobs. The report finds that there has been a rise in non-standard forms of employment (NSFE) globally, including increases in temporary work, part-time work, temporary agency work and subcontracting, dependent self-employment and disguised employment relationships.
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?
Every person is born with potential: the key is unlocking that potential. So, how can we provide opportunities that empower young people to take ownership over their own future outcomes? You can download our new Young Workers Index report by clicking here, where we discuss how governments and businesses can reap the rewards from playing their part in making this happen.
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.
The MasterCard Foundation & Michigan State University
Africa has the youngest population in the world, with almost 200 million people between the ages of 15 and 24—a number that is expected to double by 2045 (African Economic Outlook 2015). Although many jobs have been created by Africa’s growing economies, job creation has not been enough to accommodate the expanding youth population. The International Labor Organization estimates that only 16 million of 73 million jobs created in Africa between 2000 and 2008 were filled by youth. Sixty percent of Africa’s unemployed are youth, even more are underemployed, and youth unemployment rates are double those of adult unemployment in most countries (African Economic Outlook 2015). Across 34 African countries, citizens regard unemployment as the top problem facing their nations (Dome 2015).
Mar 29, 2017 (All day) to Mar 31, 2017 (All day)
Every year, the Ready by 21 National Meeting brings together hundreds of leaders from around the country who are working to get all young people ready by 21 – for college, work and life. These leaders have dedicated themselves to improving the odds for children and youth through collective impact initiatives, policy alignment and program quality improvement. Our Sixth Annual National Meeting will be held in the Music Capital of the World – Austin, Texas – March 29-31.
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.
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.