The 2023 youth unemployment rate at 13 per cent, equivalent to 64.9 million people, represents a 15-year low and a fall from the prepandemic rate of 13.8 per cent in 2019. It is expected to fall further to 12.8 per cent this year and the next year.
"Resilient economic growth rates and a strong rebound in labour demand benefited young labour market entrants in the post-crisis setting. The total number of unemployed young people [in 2023] worldwide was the lowest seen since the start of the millennium,” said the report titled 'Global Employment Trends for Youth 2024'.
The picture, however, is not the same across regions and genders.
Bu hikaye Business Standard dergisinin August 12, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin August 12, 2024 sayısından alınmıştır.
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