ILO reports global youth unemployment increase
The global youth unemployment rate is projected to rise in 2025, reaching 12.4% compared to 12.3% in 2023. This equates to approximately 67 million young people aged 15 to 24. The increase is driven by slowing economic growth, geopolitical tensions, and a stagnation in job opportunities. Additionally, the percentage of young people neither employed nor in education or training has increased to 20%, amounting to over 257 million individuals. Estimates suggest that 6.1% of youth jobs are at risk of change due to artificial intelligence; if 10% of these jobs disappear, around 5.6 million young workers could face unemployment or career shifts. The report also warns that long-term risks should not be overlooked.
Notice: This Is an AI-Generated Summary
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