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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 ...
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.
Chaos and the negative effects of the COVID-19 pandemic may have made a catastrophic future seem less remote and action to prevent it more necessary. However, it may also have the opposite effect by having minds focus on the more immediate threat of the pandemic rather than the climate crisis or the prevention of other disasters.
As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic. A growing digital gap emerged in the United States following the pandemic, despite non-digital enterprises being more dynamic than in the European Union ...
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 ...
A weekly update on the impact of the COVID-19 pandemic on the world economy, and on major individual economies such as the US, China, Japan, other Asian economies, Europe, Australia and New Zealand has been produced by Saul Eslake, one of Australia's best-known economists, since late April 2020. [258]
Youth unemployment is just one of the problems facing China, the world’s second-largest economy after the United States, as it recovers more slowly than expected from three years of pandemic ...