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Monday, July 02, 2012

Are we losing a generation to unemployment? | Forum:Blog | The World Economic Forum

Are we losing a generation to unemployment? | Forum:Blog | The World Economic Forum


As many as 200 million people around the world want work and cannot find it, after almost four years of a global financial crisis and even some economic growth.
For the young, unemployment is not just cyclical, it is a chronic condition that is robbing them of a secure future and depriving society of their contributions towards a healthier and more economically productive society.
I find this unacceptable. We are in danger of losing a generation.
Despite many efforts to integrate young people into the workforce through training programmes and investments in education, over 75 million still have no formal job. Young people are three times more likely than adults to be unemployed.

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