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There are multiple and complex causes behind youth unemployment. The main causes among them today are the quality and relevance of education, the inflexible labor market, and harsh regulations. The focus regarding youth unemployment discussions mainly touch on how these issues can be adjusted and, in turn, they create a situation of dependence ...
Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia has lagged this trend, the International Labour ...
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
The New York Times reported some of the causes and consequences of higher black unemployment in February 2018: "Even at the low of 6.8 percent recorded in December [2017] — it climbed back to 7.7 percent in January — the unemployment level for black Americans would qualify as a near crisis for whites. And the relative gains have not erased ...
It's been a record year in Europe, for all the wrong reasons. Unemployment rates passed 25% in some countries, and were not much better for many others. Among European youths, statistics went even ...
One year on, youth unemployment remains a headache, with the reconfigured jobless rate spiking to a 2024 high of 17.1% in July, as 11.79 million college students graduated this summer in an ...
The unemployment rates within this group varied: young men faced a 10.1% unemployment rate, while young women had a slightly lower rate of 9.1%. In terms of ethnicity, the unemployment rate for young whites was 8.0%, for young blacks it was 16.2%, for young Asians it was 9.9%, and for young Hispanics, it was 10.1%. [34]
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). [3] Unemployment can have many sources, such as the following: the status of the economy, which can be influenced by a recession