Zambia is currently under pressure to increase the pace of the economic transformation to create more productive jobs. Despite rapid economic growth from 2000-2013, the country is struggling to provide the kind of jobs needed to help spur sustainable growth and development. The landlocked country is also one of Africa’s youngest countries by median age, and youth (aged 15-24) who are a significant and increasing share of the working population, are finding it hard to get jobs.
In August, when Chris Kwekowe met Bill Gates during a television interview that featured some of Africa’s brightest young entrepreneurs, he didn’t ask the Microsoft founder for a job or business advice. Instead, the 23-year-old Nigerian told Gates how he had turned down a software engineer role at Microsoft.“[Gates] was really intrigued, and he smiled,” says Kwekowe, 23. “After the program, all the directors were like, ‘Dude, you mean you actually turned down a job at Microsoft and had the guts to tell Bill Gates ?”
Youth Service America
The SDGs build on the success of the Millennium Development Goals (MDGs) and aim to go further to end all forms of poverty. The new Goals are unique in that they call for action by all countries - regardless of income - to promote prosperity while protecting the planet. They recognize that ending poverty must go hand-in-hand with strategies that build economic growth and addresses a range of social needs including education, health, social protection, and job opportunities, while tackling climate change and environmental protection.
Humankind has achieved unprecedented social progress over the past several decades. Poverty has declined dramatically around the world and people are healthier, more educated and better connected than ever before. However, this progress has been uneven. Social and economic inequalities persist and, in many cases, have worsened. Virtually everywhere, some individuals and groups confront barriers that prevent them from fully participating in economic, social and political life. Against this backdrop, inclusiveness and shared prosperity have emerged as core aspirations of the 2030 Agenda for Sustainable Development.
The World Bank
The Latin American Economic Outlook 2017 analyses the attitudes, challenges and opportunities of Latin America’s youth. Youth in Latin America and the Caribbean (LAC) aged 15 to 29 number more than 163 million – around a quarter of the region’s total population. The region’s once promising economy is now slowing down, challenging the social, political and economic progress of the last decade. As such, young people stand at a crossroads, embodying the region’s promise and perils.
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.