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Symposium 2012

Solution for Tackling Youth Unemployment

The Challenge

Among the world's unemployed, young people have been particularly hard hit. Youth unemployment rates are significantly higher than adult unemployment rates in both developed and developing countries. ...

Among the world's unemployed, young people have been particularly hard hit. Youth unemployment rates are significantly higher than adult unemployment rates in both developed and developing countries. Global protest movements of young people are a manifestation of their lack of job prospects.

Governments should guarantee the young either a job or access to training.

Governments should guarantee to find a job or training for every young person out of school or without a job for up to four months. The practice of "youth guarantees" originated in Austria, where it aims to reduce youth unemployment directly at a reasonable cost. The overarching goal is to prevent the erosion of human capital in the long run.

    Related Solutions

    Solution
    Symposium 2012

    Replace the system of temporary and permanent employment contracts with a single type of open-ended contracts with gradually increasing employment protection.

    Replace the system of temporary and permanent employment contracts with a single type of open-ended contracts with gradually increasing employment protection.

    Replace the system of temporary and permanent employment contracts with a single type of open-ended contracts with gradually increasing employment protection.

    Polity, Business
    Solution
    Symposium 2012

    Use extensive surveys of firms to determine skills needs and then steer the young into appropriate education and training programs.

    Use extensive surveys of firms to determine skills needs and then steer the young into appropriate education and training programs.

    Use extensive surveys of firms to determine skills needs and then steer the young into appropriate education and training programs.

    Polity, Business
    Solution
    Symposium 2012

    Promote vocational training and foster uptake.

    Promote vocational training and foster uptake.

    Promote vocational training and foster uptake.

    Polity, Business
    Solution
    Symposium 2012

    Adopt a dual approach to training: address unemployment among educated young people with compulsory on-the-job training and placement schemes and among uneducated young people with vocational training.

    Adopt a dual approach to training: address unemployment among educated young people with compulsory on-the-job training and placement schemes and among uneducated young people with vocational training.

    Adopt a dual approach to training: address unemployment among educated young people with compulsory on-the-job training and placement schemes and among uneducated young people with vocational training.

    Polity
    Solution
    Symposium 2012

    Create Internet platforms that support remote work and "trade in tasks."

    Create Internet platforms that support remote work and "trade in tasks."

    Create Internet platforms that support remote work and "trade in tasks."

    Polity, Academia, Business, Civil Society