Blog of the Day
posted by Simon Kwan, Apr 23, 2014
Young people are finding it ever more difficult to find jobs that match their skills and education. Simon Kwan is part of a group of business leaders who offer professional support to young people in their work and career development.
With the change in economy, like globalisation and the technological advancement in communications, there is a fundamental transformation of many traditional occupations. Young people are expected to think and act more like an entrepreneur for emerging employers. They have to think faster, act quicker and deliver more.
Last year, the global unemployment rate among 15- to 24-year-olds was estimated at 12.6%, with 73 million people jobless worldwide, according to the International Labour Organisation. Youth are almost three times more likely to be unemployed than older workers and finding it ever more difficult to find jobs that match their skills and education. Calls for urgent collective action have escalated, but the scale and complexity of the crisis limit the impact of isolated initiatives. Members of the World Economic Forum’s Global Agenda Council on Youth Unemployment are urging government and business leaders to move from discussing the issue to implementing solutions.
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