Although youth unemployment is no longer at the lofty level of the crisis years, many young Europeans continue to face a lack of good jobs, writes the International Labor Organization (ILO) in a report published Tuesday.
The ILO assumes that youth unemployment will also fall next year, thanks to favorable developments mainly in Eastern European and Southern European countries. But compared to older generations, the chances for young people on the job market remain considerably behind.
The UN agency also notes that in Eastern Europe, the disadvantage in the labor market of young women compared to their male peers has only increased in recent years. In the rest of Europe, the opposite is the case.
Young people make up an estimated 35% of the unemployed population worldwide. A total of 70.9 million young people are unemployed. "That is an important improvement compared to the peak of 76.7 million in 2009, but the number of young unemployed people is expected to rise by 200,000 next year," according to the ILO.
The ILO also concludes that in the last decade, youth unemployment was mostly raised in the finance, trade and health sectors. Furthermore, there is less and less demand for young people...