The International Labor Organization (ILO) recently released a report highlighting the concerning issue of youth unemployment worldwide. According to the report, one in five young people globally is not in employment, education, or training. What is even more alarming is that two-thirds of these young individuals are women, indicating a significant gender disparity in the workforce. This revelation sheds light on the challenges faced by young women in accessing opportunities for economic empowerment and career advancement.
ILO Director-General Gilbert Houngbo emphasized the importance of providing decent work for young people as a crucial component of building peaceful and inclusive societies. Stability, inclusion for all, and social justice are fundamental pillars that contribute to the overall well-being of a society. However, the high rate of youth unemployment, particularly among women, poses a threat to achieving these goals.
The report revealed that the proportion of 15 to 24-year-olds classified as „NEET“ (not in employment, education, or training) stood at 20.4 percent in 2023. This figure has only seen a marginal improvement of three percentage points since 2005, indicating a persistent challenge in addressing youth unemployment globally. While overall unemployment in this age group has decreased, with 13 percent of young people being unemployed last year, there are still significant disparities across regions.
In regions such as the USA and parts of Europe, young people face fewer challenges in finding employment. However, in Arab countries and East and Southeast Asia, the job market remains constrained, leading to higher rates of youth unemployment. The lack of available opportunities in these regions underscores the need for targeted interventions to support young people in accessing meaningful and sustainable employment.
One of the key concerns highlighted in the report is the precarious nature of employment for many young people. With a significant portion of youth employed on fixed-term contracts, they are often the first to be laid off during times of economic uncertainty. This vulnerability leaves young individuals feeling insecure about their job prospects and future career stability.
To address these challenges, the ILO has called on its member countries to prioritize the creation of more training opportunities for young people. By equipping youth with the skills and knowledge needed to succeed in the labor market, countries can help bridge the gap between education and employment. Additionally, ensuring that young people have access to quality jobs that offer stability and growth opportunities is essential for fostering a more inclusive and sustainable workforce.
In conclusion, the issue of youth unemployment, particularly among women, remains a pressing concern that requires urgent attention and action. By investing in the future of young people and providing them with the support they need to thrive in the workforce, countries can pave the way for a more equitable and prosperous society. It is imperative that governments, organizations, and stakeholders work together to address the root causes of youth unemployment and create a more inclusive and sustainable future for all.