YOUNG UNEMPLOYED
An ILO report says that youth unemployment is relatively high in many countries like China which increased from 9.3% in 2010 to 10.6% last year, according to economists is said to increase to 11.1% in 2016, there are currently 73 million young people worldwide aged between 15 and 24 who wish to labor but they could not find a job.
According to the ILO in countries like Asia, the Middle East, North Africa and Brazil the unemployment rate has increased in these rich countries and according to ILO research reports that employment worldwide will increase.
The highest rate of youth unemployment worldwide is for women in the Middle East and North Africa. This figure is around 45 percent. There are many reasons why bleak for youth unemployment figures. An important factor is the global financial collapse2008, ILO says youth unemployment is not only important for the economy of a country. It also affects health, social unrest and levels of happiness of people.
Which you think are the reasons for the high rate of youth unemployment?
