The MasterCard Foundation
Twenty-seven percent* of out-of-school youth in Ghana are unemployed. Yet the World Bank estimates that Ghana’s construction sector needs 60,000 more artisans and tradespeople – and that’s set to rise to 250,000 by 2020. So what’s stopping young people from making the most of job opportunities in construction?
FHI 360, YouthPower Action
A growing body of evidence recognizes the importance of soft skills in predicting long-term life outcomes, including labor market outcomes as well as social and health behaviors (Heckman et al, 2006; Kautz et al., 2014). Soft skills refer to a broad set of skills, behaviors, and personal qualities that enable people to effectively navigate their environment, relate well with others, perform well, and achieve their goals. These skills are applicable across sectors and complement the acquisition of other skills such as technical and academic skills. Although the returns to cognitive and technical skills have long been recognized, recent literature suggests that soft skills rival cognitive skills in their ability to predict positive outcomes. Moreover, evidence suggests that soft skills are more malleable than cognitive skills among adolescents and youth adults (Heckman et al., 2006; Kautz et al., 2014).
Young people today face an excruciating paradox when entering the workforce. After spending years obtaining the necessary training and accreditation for potential careers, they’re shut out from entry-level jobs because they lack “work experience”. It’s a ridiculous blocker because what person really has any relevant “work experience” straight out of school? I’ve seen the frustration in many young people who have worked hard to achieve good grades and have racked up countless hours volunteering, interning, or donating their skills to hopefully one day bridge their efforts toward paid work. Time and time again those young workers are told that the experience accrued is still not enough.
The MasterCard Foundation & International Labor Organization
With youth demographic bulges, existing high levels of youth underutilization and limited job creation occurring in many developing countries, governments and development actors are actively exploring new approaches to enabling youth to obtain sustainable livelihoods. There is a growing consensus that increasing the ability of youth to access financial services and strengthening their ability to use these services for their future life needs can play a direct role in supporting the transition to employment and better livelihoods. This report seeks to determine the extent to which this consensus is borne out in practice.
Marketing & Promotions Concept International (MPC)
Applications are open for Turkey Europe Future Forum 2017, organized by Mercator Program Center for International Affairs (MPC) in cooperation with TÜSİAD and funded by Stiftung Mercator. The objective of the eight-day Forum is to strengthen the ties between young leaders from Turkey and Europe with a view to leveraging European discourse and creating a network based on mutual trust. The 3rd Turkey Europe Future Forum will take place from July 2nd to 9th, 2017 in Izmir and Istanbul.
Yale Fox International
The goal of the Fox International Fellowship is to enhance mutual understanding between the peoples of the United States and other countries by promoting international scholarly exchanges and collaborations among the next generation of leaders. To accomplish this goal, the program seeks to identify and nurture those students who are interested in harnessing scholarly knowledge to respond to the world’s most pressing challenges. For these reasons, we especially welcome students enrolled in the social sciences and kindred disciplines in the professional schools.
The United Nations Academic Impact (UNAI)
Our inaugural podcast looks at the #NotTooYoungToRun campaign, a movement spearheaded by a coalition of partners which includes UNDP, OHCHR, the European Youth Forum, the Inter-Parliamentary Union and the Youth Initiative for Advocacy Growth & Advancement. The Office of the Secretary General’s Envoy on Youth's office has played a key role in initiating and launching the global campaign to promote the rights of young people running for public office, with a special focus on combating age discrimination.
Ashesi University College & The MasterCard Foundation
Berekuso, Ghana, November 18, 2016 – Ashesi University College’s commitment to educating Africa’s next generation of ethical leaders was bolstered today with an additional $25.5 million commitment from The MasterCard Foundation. What was initially envisioned as a commitment to support the education of 200 bright young African leaders as part of The MasterCard Foundation Scholars Program has been expanded to include an additional 240 students.
The World Bank
On December 14th and 15th donor and borrower country representatives of the World Bank Group will meet in Yogyakarta, Indonesia to finalize details for the 18th replenishment of IDA. The final agreement on IDA18 is expected to usher in a new era for IDA, the Bank’s fund for the poorest, dramatically increasing the level of financing and the potential for impact on development for the world’s poorest countries.