Global Employment Trends for Youth 2013

Organization/Affiliation(s): 
International Labour Organization
Resource Type: 
Publication Date: 
May 8, 2013

The  weakening  of  the  global  recovery  in  2012  and  2013  has  further  aggravated  the youth jobs crisis and  the queues  for available jobs have become longer and longer  for some unfortunate young jobseekers. So long, in  fact,  that many youth are giving up on the job search. The prolonged jobs crisis also forces the current generation of youth to be less selective about the type of job they are prepared to accept, a tendency that was already  evident  before  the  crisis.  Increasing  numbers  of  youth  are  now  turning  to available  part‐time jobs  or  find  themselves  stuck  in  temporary  employment.  Secure jobs,  which  were  once  the  norm  for  previous  generations  –  at  least  in  the  advanced economies – have become less easily accessible for today’s youth. The global youth unemployment rate, estimated at 12.6 per cent in 2013, is close to its crisis peak. 73 million  young people are estimated  to be unemployed in 2013.1 At  the same  time,  informal  employment  among  young  people  remains  pervasive  and transitions to decent work are slow and difficult. The  economic  and  social  costs  of  unemployment,  long‐term  unemployment, discouragement and widespread low‐quality jobs for young people continue to rise and undermine economies’ growth potential.

 
This is a dense report, packed with data and information that will help readers  to  grasp  the  main  findings  and  updates  in  youth  labor  market trends. 

 

Topic: 
Workforce Development
Monitoring & Evaluation
Regions: 
Global