ILO warns of "scarred generation".
by SGNews staff
The world is facing a worsening youth employment crisis: young people are three times more likely to be unemployed than adults and over 75 million youth worldwide are looking for work.
The ILO has warned of a "scarred" generation of young workers facing a dangerous mix of high unemployment, increased inactivity and precarious work in developed countries, as well as persistently high working poverty in the developing word.
In June of 2012, the ILO adopted a resolution calling for immediate, targeted and renewed action to tackle the youth employment crisis. The resolution provides tested measures in five areas: macro-economic policies, employability, labour market policies, youth entrepreneurship and youth rights.
The global unemployment rate remains stuck at crisis peak levels and is not expected to decrease until 2016.
© Copyright 2012 SGNews Staff, All rights Reserved. Written For: StraightGoods.ca
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