Making Cents International
With funding from the International Fund for Agricultural Development (IFAD) and in partnership with Silatech, Making Cents International implemented the IFAD Rural Youth Economic Empowerment Program (RYEEP), a three-year grant seeking to increase employment and self-employment of young people aged 15-35 in the Near East and North Africa (NENA) countries of Egypt, Yemen, Morocco and Tunisia. The program provided capacity-building and technical assistance to local institutions to pilot models delivering youth-inclusive financial services (YFS) and non-financial services to rural youth and to the enterprises that employ them. By the program's end, RYEEP pilot projects delivered savings or credit services to 20,543 rural youth and non-financial services to 14,252 rural youth.
International Fund for Agricultural Development
Recent progress against poverty has been steady across the globe (fi gure A). But in most regions, poverty rates in rural areas still stand well above those in urban areas. These trends refl ect the continuing challenges facing rural areas linked to the social, economic and political marginalization of rural people. Small family farms dominate rural landscapes across the developing world, accounting for up to 80 per cent of food produced in Asia and sub-Saharan Africa, while supporting livelihoods of up to 2.5 billion people (IFAD 2015). Yet these farmers face long-standing barriers to accessing technology, finance, knowledge and markets. At the same time, pressures on the rural natural resource base are growing, linked to population growth, unsustainable agricultural practices, urbanization, mining, land-use conversion and deforestation.
JPMORGAN CHASE & CO
Every summer, millions of young people across the United States look forward to getting their first job—an important early work experience that can put them on the path to a meaningful career. Despite signs of an economic recovery, nearly 20 percent of young people who want to work cannot get jobs. Summer youth employment programs (SYEP) help to address this challenge by connecting youth to opportunities to build skills and gain work experience. However, most cities cannot keep up with the demand for positions, especially for summer jobs that are linked to career pathways.
FSG and The Rockefeller Foundation
Youth unemployment not only limits the earnings potential and future prospects of a new generation of South Africans, it also stymies business growth, threatens social cohesion, and puts pressure on government resources. Yet data shows that there are half a million entry-level jobs vacant in the country, and with it, a real opportunity to expand economic inclusion. This paper looks at the efforts of government, employers, philanthropic funders, and training providers to bridge the gap between available jobs and first-time work-seekers. It shows that the most impactful interventions take place when these actors join forces and highlights two examples of cross-sectoral partnerships: EOH Youth Job Creation Initiative and Mentec Foundation.
International Labour Organization-Geneva
The ILO's "World Employment and Social Outlook 2016: Trends for Youth" provides updated figures on global and regional youth unemployment. It also looks at working poverty rates, decent work opportunities in both developed and developing economies as well as gender inequalities and migration trends among young people. Global economic growth in 2016 is estimated to stand at 3.2 per cent, 0.4 percentage points lower than the figure predicted in late 2015. The downward revision is a result of recessions that were deeper than expected in some key emerging commodity-exporting countries, including Argentina, Brazil and the Russian Federation.
FAO, IFAD and WFP
The landscape surrounding agriculture has undergone significant changes in recent years. Higher food prices, the consequent world food price crisis in the late 2000s, along with a projected 60 percent expansion in demand for agricultural products by 2050, has driven a resurgent interest in the sector – among policy-makers, development practitioners, and private actors. As rural and agricultural markets are transforming, with higher demand and prices, more integrated supply chains, greater rural-urban connectivity in many areas and exponential growth in urban markets, new opportunities are emerging for young people to start up and run profitable agribusinesses.
The Commonwealth Youth Program
To mark International Youth Day 2016, on 12 August, the first-ever Australian National Youth Development Index report has been launched with support from the Commonwealth Secretariat. The index measures the situation for 6.3 million young people aged 10 to 29 in Australia, and examines changes between 2006 and 2015 across five domains: education, health and well-being, employment, civic participation and political participation.
Center for Technology Innovation at Brookings
Evaluating progress toward adoption of affordable formal financial services matters because financial inclusion is a key ingredient in promoting household well-being and broader economic development.1 The first annual FDIP report and scorecard, published in August 2015, addressed fundamental questions regarding ways to advance inclusive finance, including 1) Do country commitments make a difference in progress toward financial inclusion? 2) To what extent do mobile and other digital technologies advance financial inclusion? and 3) What legal, policy, and regulatory approaches promote financial inclusion?
Apprenticeships can feel like they are from another era, but they also increasingly provide promising opportunities for young adults today. On the one hand, the public perception of apprenticeships remains medieval – the term conjures up images of blacksmiths forging arrowheads, hunched over a fire. However, contemporary Registered Apprenticeship (RA) programs address a very modern set of challenges that face Millennials looking for economic stability in an era of skyrocketing college tuition and high youth unemployment. Employers have a high demand for workers trained at a “middle skill” level relative to supply,1 which means apprenticeships can address modern employer concerns as well.
Food & Agriculture Organization of the United Nations
The agricultural sector needs to engage youth in order to increase global food production. In doing so, agricultural transformation can balance out-migration from rural areas and thus contribute to stable growth. This document presents the conceptual framework for distress migration of rural youth. The framework focuses on the migration of rural youth (aged 15–24), who account for a large proportion of migrants and are a particularly vulnerable group. The framework comprises three sections: 1. Analysis of the main factors determining the propensity of rural youth to migrate; 2. Assessment of the likely impacts of distress migration of rural youth in terms of rural development for local areas of origin; 3. Illustration of the most promising policies and programmes to reduce distress migration of rural youth and maximize its developmental benefits for the communities of origin.