Report Considers Global Rise in Youth Unemployment

May 27, 2015

A new report on youth employability from the Organization for Economic Cooperation and Development finds that 39 million 16- to 29-year-olds across the OECD countries were not employed and not in education or training in 2013 -- an increase of 5 million since before the economic crisis in 2008. The report, titled "Skills Outlook 2015," finds that young people are twice as likely to be unemployed as "prime-age" adults, and that even youths who find employment "often face institutionalized obstacles to developing their skills and advancing their careers. For example, one in four employed young people is on a temporary contract. These workers tend to use their skills less and have fewer training opportunities than workers on permanent contracts. Meanwhile, 12 percent of employed young people are overqualified for their job."

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