Global Employment Trends for Youth 2022 – Investing in transforming futures for young people
A new report published by the International Labour Organisation highlights that young people have been disproportionately affected by the economic and employment consequences of the pandemic, and the pace of recovery of youth labour markets in many countries and regions is falling behind that of the labour market for older workers.
The difficulties faced by young people have recently been compounded by conflicts in Ukraine and elsewhere contributing to the emergence of additional challenges such as surging food and energy prices and less favourable financing conditions, particularly in developing countries. As we stand at the midpoint between 2015, when the Sustainable Development Goals (SDGs) were established, and 2030, the year by which they were originally meant to be achieved, these recent negative developments are jeopardizing progress – in particular, towards SDG target 8.6: to substantially reduce the proportion of young people not in employment, education or training.