The latest figures from the International Labour Organisation show that younger people are three times more likely to be unemployed than those over the age of 24. The ILO has produced a report into youth global employment youth which also highlights the plight of the so-called working poor.
The ILO’s Jose-Manuel Salazar said: “More than 300 million youths were working poor in 2005, that is living below the US two dollars per person per day poverty line.”
The number of young people out of work has risen from 74 million in 1995 to 85 million last year. That is an increase of 14.8%.
Events like a music festival at Novi Sad in Serbia last weekend are trying to address the problem. As a worker from the Serbian Employers Organisation who was giving out job advice leaflets and encouragement said: “Young people are seen as an asset not only to employers but to society at large and they should be nurtured and invested in.”
The ILO report found that the highest regional unemployment rate among young people was in the Middle East and North Africa, followed by Central and Eastern Europe.