August 12th, 2010
12:26 PM ET

Youth unemployment across the world hits record high

The number of young unemployed across the world has soared to a record high and is likely to climb further this year, a United Nations agency reported Thursday, amid a U.S. government report that that jobless claims in America jumped to five-month high.

The International Labor Organization said in its 2010 report that out of 620 million youths ages 15 to 24 in the global work force, 81 million were unemployed at the end of 2009, and warned of a “lost generation” as more youths lose hope of finding work.

The youth unemployment rate increased from 11.9 percent in 2007 to 13.0 percent in 2009, the report said.

According to International Labor Organization projections, the global youth unemployment rate is expected to continue its increase through 2010, to 13.1 percent, followed by a moderate decline to 12.7 percent in 2011.

The report found that unemployment has hit youths harder than adults during the financial crisis and “that the recovery of the job market for young men and women is likely to lag behind that of adults.”

Unemployment can have a long-term negative effect on young people and can be costly for governments, the report said. “The crisis is an opportunity to re-assess strategies for addressing the serious disadvantages that young people face as they enter the labor market,” it said.

The report also estimated that 152 million young people, or about 28 percent of all the young workers in the world, worked but remained in extreme poverty in households surviving on less than $1.25 (in U.S. dollars) per person per day in 2008.

“The result is that the number of young people stuck in working poverty grows and the cycle of working poverty persists through at least another generation,” said Juan Somavia, director-general of the International Labor Organization.

Read also:  How the economic crisis has spurred a new generation of young entrepreneurs.

New generation of entrepreneurs

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Filed under: Jobs • World
soundoff (17 Responses)
  1. HernandezUSA

    Get the 12-30 million illegals out of the United States and lots of youth jobs will open up for American children.

    August 12, 2010 at 12:35 pm | Report abuse |
    • Jim

      No, that won't work. American children aren't going to work in the fields, they won't work 14 hours a day, they won't work sub minimum wage. If an American is so poor and helpless that they would stoop to all that – they'll go on welfare instead and do nothing.

      August 12, 2010 at 4:30 pm | Report abuse |
    • Rene

      Right on!!

      August 12, 2010 at 4:42 pm | Report abuse |
  2. opus512

    We need a new CCC.

    August 12, 2010 at 1:33 pm | Report abuse |
  3. DKJ

    Keep having 6, 8, even 18 chlidren per family which is adding to the population over growth. With people living & working longer if we don't start taking personal responsibilies for the future generations life will get a lot worst. Over population can be contributed to the raping of our planet & mother nature right along side greed.
    People need to work in their old age to make ends meet therfore they are working jobs once filled by teenagers & college stundents.

    August 12, 2010 at 1:38 pm | Report abuse |
    • jehop

      Right and right on! This is the only post which has identified the real problem.
      Anywhere on this planet, the "jobless rate" correlates precisely (statistically precisely) with overpopulation. Which for statistical purposes is the ratio of local human population to the availabilty of supporting reaouces.

      August 13, 2010 at 8:38 am | Report abuse |
    • Gregory

      Yes, overpopulation is the elephant in the room; the taboo we aren't allowed to discuss.

      The liberals can't talk about it because of human rights concerns and the conservatives can't talk about it because it is "anti-family". Mother nature will take care of the problem for us soon if we choose not to address it ourselves.

      August 13, 2010 at 1:59 pm | Report abuse |
  4. Matt

    Its hard for any young person to get a job now days we have to compete with adults that lost there jobs and are now looking at the jobs we would usually go for and with the experience the adults have in other jobs etc... Its just impossible.

    August 12, 2010 at 4:10 pm | Report abuse |
  5. Andrew Wynne

    The government should make cuts in foreign aid and defense and put the money into public works projects. For instance, train and employee young people to build desalinization plants along the California Coast to reduce water shortages. Also, train and employee young people to install solar panels on public buildings in California, Arizona, New Mexico, Texas, and other sunny states. Third, train and employee unemployed veterans who are physically healthy to go undercover to detect, take apart, and clean up meth labs. I could go on, but you get the idea.

    August 12, 2010 at 5:07 pm | Report abuse |
  6. Z

    Most Illegal immigrants DO NOT WORK IN THE FIELDS !!! That is a common misconceptions. Perhaps 50 years ago that may have been the case. Today it is not. Many illegals work in construction, building maint. auto repair and some service industries. All jobs that could be held by tax paying young americans.

    August 12, 2010 at 6:11 pm | Report abuse |
    • setiawan

      Can you imagine why they move from one country to another to get a decent life ?

      August 12, 2010 at 10:09 pm | Report abuse |
  7. JON

    There is no one to blame, but the government. Aside from that evryone who wants to work will find a job, or create its own market. And in a worst case scenario you can always enlist in the armed forces. Its easy to blame everyone esle, but ourselves. The oppotunities are out there!

    August 12, 2010 at 6:40 pm | Report abuse |
    • jehop

      you can always enlist in the armed forces
      That is a great idea, but not all that new, right? Ignoring the "enlistment" part, you can look through our entire history and find evolving societies/nations solving population extremes by going to war with whomever happened to be nearby.
      Several candidates are in the mix right now. ,

      August 13, 2010 at 4:09 pm | Report abuse |
  8. setiawan

    this condition is more apprehensive for developing countries, the real action was necessary not only expect from the role of government but the role of the community can make real change. hopefully

    August 12, 2010 at 10:06 pm | Report abuse |
  9. John

    Who really cares about "Youth Unemployment" anway?

    August 13, 2010 at 2:23 am | Report abuse |
  10. wellreadone

    Just too many people, that is the core cause. The breeders are a problem, no doubt about that. And who are they? Everybody know the answer.

    August 13, 2010 at 9:59 am | Report abuse |
  11. reaper

    Oh to be young

    August 13, 2010 at 4:58 pm | Report abuse |