Brotherhood of St Laurence

Global employment trends for youth 2012 /

By: International Labour Organization
Series: Global Employment Trends for YouthPublisher: Geneva, Switzerland International Labour Organization 2012Description: PDFISBN: 9789221263258(print); 9789221263265(webpdf)Subject(s): Youth Employment - Statistics | Global Financial Crisis | Unemployment Statistics - Cross-cultural Studies | Labour Market Statistics | Employment Forecasting | Statistical Analysis | Longitudinal StudiesOnline Resources: Electronic copy
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May 2012 Bibliography : p. 39-41

The economic crisis abruptly ended the gradual decline in global youth unemployment rates during the period 2002-07. Since 2007 the global youth unemployment rate has started rising again, and the increase between 2008 and the height of the economic crisis in 2009 effectively wiped out much of the gains made in previous years. Globally, the youth unemployment rate has remained close to its crisis peak in 2009. At 12.6 per cent in 2011 and projected at 12.7 per cent in 2012, the global youth unemployment rate remains at least a full percentage point above its level in 2007. Nearly 75 million youth are unemployed around the world, an increase of more than 4 million since 2007. Medium-term projections (2012-16) suggest little improvement in youth labour markets. By 2016, the youth unemployment rate is projected to remain at the same high level.

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