The term “youth employment” describes young people’s involvement in the workforce, usually between the ages of 15 and 24. It encompasses both full-time and part-time employment, as well as self-employment, apprenticeships, internships, formal employment, and informal employment.
Here is a summary of the main elements of youth employment:
The Value of Employment for Youth
Growth of the Economy: A young, productive workforce supports the growth of the national economy.
Social Stability: Youth unemployment and poverty are decreased by employment.
Development of Skills: Early work experience fosters the development of abilities, work habits, and self-assurance.
The Difficulties of Youth Employment
High Unemployment Rates: Young people are frequently more impacted than adults by the lack of jobs.
Skills Mismatch: The demands of the labor market may not be met by educational systems.
Informal Work: A large number of youths labor in hazardous, precarious, or low-paying jobs.
Discrimination: On the basis of lack of experience, age, gender, or socioeconomic background.
Limited Access to Finance: Young people find it difficult to launch businesses because they lack the funds or credit.
Techniques for Increasing Youth Employment
Education and Vocational Training: Matching learning to industry needs.
Programs for Entrepreneurship: supplying tools, guidance, and funding.
Internships and apprenticeships: Providing hands-on work experience.
Policy Reforms: Job development programs and labor laws that are friendly to young people.
Public-Private Partnerships: Working together to generate employment.
Statistics on Youth Employment Worldwide (as of recent data)
Youth unemployment rate worldwide: around 12–13%
In many developing nations, more than 75% of young people work in informal jobs.
Not in Education, Employment, or Training (NEET) rates vary greatly, but they are frequently higher for women.
YAHYE AHMED MOHAMED
