The ILO has just released a new report on global trends in youth employment and unemployment which can provide interested members with useful background data for use at the national and international level, and overall global information on youth employment.

The report has been released to coincide with the launch of the UN International Youth Year on 12 August 2010.

Key findings of the report (which focuses heavily on the recent financial, economic and jobs crisis) include:

•  An increase in the global youth unemployment rate from 11.9% (2007) to 13.0% (2009).
  
  
• A projected peak at 13.1% in 2010.
  
  
• Greater sensitivity of youth employment to the recent economic and financial crisis (presumably indicting a greater propensity to job losses and delayed hiring for younger people).
  
  
• The youth unemployment rate increased by 1.0%  compared to an increase in adult unemployment of 0.5% in 2008/09.
  
  
• A forecast lag in the jobs recovery for young people. 

Importantly, the report complements data on the impact of the economic crisis on young people with information on national initiatives to support youth employment, both urgent interventions at the height of the crisis, and longer run youth employment programmes.

Some national and regional information is appended to the report, which may be of relevance to members. 

The full report is available from:
http://www.ilo.org/wcmsp5/groups/public/---ed_emp/---emp_elm/---trends/documents/publication/wcms_143349.pdf                                                            

For more information please contact Scott Barklamb