Sunday, October 11, 2015

The worst places for youth unemployment in the world

The worst places for youth unemployment revealed

The global rate of youth unemployment is yet to recover from the financial crisis

While the global financial crisis may be over, its effects are still keenly felt by young people across the world.
According to a new report from the International Labour Organisation (ILO), a United Nations agency, young people are struggling to find work across the globe.
The number of youth in the labour force has declined by 11.6 per cent between 1991 and 2014, as enrolment in education increases.
Yet the number of long-term unemployed young people has increased in many European countries.
After a peroid of rapid increase between 2007 and 2010, the global youth unemployment rate settled at 13 per cent. The rate has not yet recovered from where it was before the financial crisis.
Greece, Italy and Slovakia had the highest percentage of unemployed youth in 2014.