Share
There are significant economic and social costs to long-term youth unemployment. Lower overall career earnings, less opportunity for skills development are lower career prospects are obvious concerns. Recent studies have even pointed to a severe ‘scarring’ effect chronic unemployment has on young people, fostering feelings of distrust among social and political institutions and stoking unrest.
There are significant economic and social costs to long-term youth unemployment. Lower overall career earnings, less opportunity for skills development are lower career prospects are obvious concerns. Recent studies have even pointed to a severe ‘scarring’ effect chronic unemployment has on young people, fostering feelings of distrust among social and political institutions and stoking unrest.
Check out: Assessing the Long Term Cost of Youth Unemployment, Special Report by TD Economics
Check out: Global Employment Trends for Youth 2013: A Generation at Risk, by the International Labour Organization
