global youth unemployment is high

Every year about 40 million young people enter the workforce. In some Arab countries, up to 90% of 16 to 24 year olds are unemployed. In the MENA region alone, 75 million new jobs will be needed by 2020. The youth unemployment rate is 23% in France and the US (20% for ages 16 to 19 and 12% for ages 20 to 24), 22% in the UK, and over 50% in Spain, Portugal and Greece. I asked a Portuguese teacher how youth cope and she said they migrate to Germany and other more prosperous European countries, similar to Greece. In the US, over one-third of recent college graduates work in jobs that don’t require more than a high school degree and 8% are unemployed. About 6.7 million young people in the US ages 18 to 24 are not in school or in training. Even in prosperous Australia, unemployment among teens is three times that of adults. Young people there want more hands-on learning and practical experience. Slang words for the unemployed are hittistes (Tunisia, meaning those who lean against the wall), NEETs (not in education, employment or training), freeters (Japan), mileuristas (Spain, they don’t have more than 1,000 euros a month), “boomberang kids” (US, young adults moving back in with their parents), and “ant tribe” (China, refers to low-wage college grads who live in crowded rooms)


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