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While other OECD countries have youth unemployment rates (well) above the labour market average, Switzerland has youth unemployment of just three percent (the EU average is 23 percent). Part of the reason appears to be the apprenticeship program, which graduates roughly 70 percent of Swiss youth (aged 15 to 24).
This ‘dual track’ system, which combines school-based education with in-company training for vocational and professional streams, reduces youth unemployment and adult poverty (on account of the close relationship between the former and the latter). Swiss youth who complete the program are three times less likely to be unemployed, research shows.
Check out: This synopsis of youth unemployment success published in the Journal of Lifelong Learning in Europe
