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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 ...
The same is going on with COVID-19 pandemic and while confined in quarantine, according to research, pandemics can have negative effects on children's mental health, but to a lesser extent, both in terms of internal symptoms (e.g., anxiety or depression) and external symptoms (e.g., behavioural disorders, hyperactivity) and the prevalence of ...
The effects of COVID-19 on unemployment lasted much longer than was initially expecting. Almost 18 months after the start of the pandemic, the state of New York was still down almost a quarter of the jobs that were available in the hospitality industry pre-pandemic.
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.
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 ...
On 25 March, the World Bank and IMF call for a global debt payment suspension in light of the COVID-19 pandemic. [110] On 5 June, the World Bank stated in its latest Global Economic Prospects report.that the COVID-19 pandemic would shrink the global economy by 5.2 per cent in 2020, the deepest recession since World War Two, triggering a ...
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.