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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 ...
Economic research indicates that minimum wages [104] increases youth unemployment [105] in competitive labour markets for unskilled youth labour, and that the resulting delayed entry into the job market (for youths who are unable to obtain a job) leads to a reduction in training opportunities and thus a reduction in lifetime income. [106]
By Annalyn Censky NEW YORK -- As the jobs crisis drags on, high unemployment could permanently damage the economic prospects of the world's youngest workers, the Organization for Economic Co ...
In Japan and South Korea, youth unemployment rates were at historic lows. The U.S. Bureau of Labor Statistics reported that youth unemployment in July was 9.8%, up from 8.7% the same period last year.
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 Incubators Youth Outreach Network-Nigeria is a religiously founded program in Nigeria whose aim is to avoid violence by providing support and job training to youth facing exclusion due to unemployment and barriers to education. Youth exclusion is a form of social exclusion in which youth are at a social disadvantage in joining institutions ...
China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies ...
High and the persistent unemployment, in which economic inequality increases, has a negative effect on subsequent long-run economic growth. Unemployment can harm growth because it is a waste of resources; generates redistributive pressures and subsequent distortions; drives people to poverty; constrains liquidity limiting labor mobility; and ...