Arab countries record the highest and fastest unemployment rate among the world’s youth: today 24

The International Labor Organization (ILO) revealed that Arab countries have the highest and fastest unemployment rate among young people in the world.

In a recent report on “Global Employment Trends for Youth 2022: Investing in Transforming the Future of Youth”, the organization forecast that the youth unemployment rate in countries in the region would reach 24.8 per cent in 2022.

The report noted that the situation is worse for young women in the Arab region, where the unemployment rate among them reached 42.5 percent this year, which is about three times higher than the global average for female unemployment (14 .5 percent).

He added that in Africa, the youth unemployment rate, which is 12.7 per cent, belies the fact that many young people have chosen to withdraw from the labor market altogether, explaining that in 2020, more than one in five young people in Africa were not in the circle of work or education or training.

The report concluded that the pandemic has exacerbated the many labor market challenges faced by 15-24 year olds around the world, who have experienced far greater job losses than adults, since the beginning of 2020.

According to the report, the total number of unemployed youth in the world is expected to reach 73 million in 2022, a slight improvement on 2021 (75 million), but still some six million above the pre-pandemic level of 2019. .

He noted that only high-income countries are expected to reach youth unemployment rates close to 2019 rates by the end of this year, while unemployment rates in other countries are expected to remain higher than pre-2019 rates. crisis by more than one percentage point.

The ILO report indicated that young women and men are well positioned to benefit from the expansion of the green and blue economies (ocean resources and their sustainable use), as an additional 8.4 million jobs could be created. for young people by 2030 through the implementation of green economies. and blue political measures.

Targeted investments in digital technologies can also absorb large numbers of young employees.

The report estimates that, by 2030, achieving universal coverage in broadband networks could lead to a net increase in employment of 24 million new jobs worldwide, of which 6.4 million will be held by young people. .

Martha Newton, ILO Deputy Director-General for Political Affairs, said the Covid-19 crisis revealed a number of shortcomings in how the needs of young people were being met, especially the most vulnerable groups, such as those seeking first-time job, school dropouts, and recent graduates with little experience. .

He stressed that “what young people need most are efficient labor markets with decent job opportunities for those who already participate in the labor market, as well as quality education and training opportunities for those who have not yet entered.”