WUNRN
CONSIDER FOR YOUNG WOMEN
YOUTH
UNEMPLOYMENT CRISIS INCREASING - ILO
An
ILO paper shows that the impact of the euro crisis is spreading as far afield
as East Asia and Latin America, worsening the situation for many young
jobseekers.
Direct Link to Full 4-Page ILO
Document:
04
September 2012 - GENEVA (ILO News) – Jobless rates among young people will get
even worse globally as the spillover of the euro crisis spreads from advanced
to emerging economies, according to an ILO paper titled “Global
Employment Outlook: Bleak Labour Market Prospects for Youth”.
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ILO - GLOBAL EMPLOYMENT TRENDS FOR
YOUTH 2012
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YOUTH EMPLOYMENT: BREAKING GENDER
BARRIERS FOR YOUNG WOMEN & MEN - ILO
Includes Cause-Effect Chart of High
Numbers of Young Women in the Informal Economy
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UN WOMEN - WOMEN, POVERTY &
ECONOMICS - YOUNG WOMEN
Women
bear a disproportionate burden of the world’s poverty. The current financial
crisis is likely to affect women particularly severely.In many countries,
however, the impact goes far beyond the loss of formal jobs, as the majority of
women tend to work in the informal sector, for example as domestics in cities,
and do not show up in official unemployment numbers. Economic policies and
institutions still mostly fail to take gender disparities into account, from
tax and budget systems to trade regimes.
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ILO GUIDELINES ON GENDER IN
EMPLOYMENT POLICIES
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YOUTH UNEMPLOYMENT INCREASES &
IN MORE REGIONS - UN - YOUNG WOMEN
Unemployment
rates are expected to edge higher in coming years for young people worldwide,
the International Labor Organization said in an analysis released Tuesday.
In the coming years, the euro crisis is predicted to be felt far beyond Europe in East Asia and Latin America, the agency warned. Last year, 12.5% of job-seekers between the ages of 15 and 24 were estimated to be unemployed, the ILO said, a rate projected to increase to 12.9% by 2017.
The most notable exception to the trend of growing youth unemployment is "developed economies," where youth unemployment is expected to drop, the U.N. agency said.
Even there, however, the drop is "principally because discouraged young people are withdrawing from the labor market and not because of stronger hiring activity among youngsters."
The global numbers also mask some big gaps around the world: Youth
unemployment is far higher in the Middle East (25.7%) and North Africa (27.1%)
than in South Asia (9.6%) and East Asia (9.2%.) Even within regions such as
Europe, there are striking differences in youth unemployment rates, with less
than 10% out of work in Germany and Switzerland compared to more than 50% in
Spain.
"Without additional jobs being created, young people
cannot expect to find employment," the ILO said. "However, given the
sheer size of the problem, even a quick acceleration in growth may not provide
sufficient job opportunities in a short period of time."
The U.N. agency recommended that countries adopt targeted programs for young people, including providing training and giving companies tax cuts to hire young people. Such programs, it argued, can actually save countries money by keeping young people in the labor market.