Youth unemployment

From WikiMD's Wellness Encyclopedia

Youth Unemployment refers to the state of being without a job and actively seeking employment among individuals typically aged 15-24. This demographic is often the most affected by economic downturns and changes in the labor market.

Causes[edit | edit source]

Youth unemployment can be caused by a variety of factors, including economic recession, lack of job opportunities, lack of skills training and education, and discrimination.

Economic Recession[edit | edit source]

During an economic recession, businesses often cut back on hiring, which can disproportionately affect young people who are just entering the job market.

Lack of Job Opportunities[edit | edit source]

In some regions, there may be a lack of job opportunities suitable for young people. This can be due to a variety of factors, such as a decline in industries that traditionally employed young people, or a mismatch between the skills young people have and the skills employers are looking for.

Lack of Skills Training and Education[edit | edit source]

Without adequate skills training and education, young people may find it difficult to compete in the job market. This is particularly true in economies that are transitioning from manufacturing-based to knowledge-based.

Discrimination[edit | edit source]

In some cases, young people may face discrimination in the job market. This can be based on factors such as age, race, gender, or socioeconomic status.

Effects[edit | edit source]

Youth unemployment can have serious social and economic effects. These can include increased rates of poverty, crime, and mental health issues, as well as a loss of human capital for the economy as a whole.

Solutions[edit | edit source]

Solutions to youth unemployment can include policies aimed at increasing job creation, improving access to education and skills training, and combating discrimination in the job market.

See Also[edit | edit source]

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Contributors: Prab R. Tumpati, MD