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Youth unemployment rate in OECD countries (15–24 age) [5] About 17 per cent of the world's population are aged between 15 and 24, 1.2 billion people; [6] 87% of them live in developing countries. [6] The age range defined by the United Nations [6] addresses the period when mandatory schooling ends until the age of 24. [7]
This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by ...
As the largest cohort of developing country youth in history, this group now makes up well over half the population of most developing countries. A critical challenge facing this population is youth unemployment, compounded by the HIV/AIDS crisis, gender inequality, and disenfranchisement. Taking into account these factors, YCI's program ...
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 ...
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, ...
The unemployment rate for people in China ages 16 to 24, and not in school, rose to 17.1% last month, according to the latest data update Monday. That’s up from 13.2% in June. More from CNBC
In the European Union, where a debt crisis followed the financial crisis, the youth unemployment rate rose to 18% last year from 12.5% in 2007, the ILO report shows." [177] In March 2018, according to US Unemployment Rate Statistics, the unemployment rate was 4.1%, below the 4.5–5.0% norm. [178]
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.