Sunday, April 24, 2011

The young and the unemployed: impacts of the economic recession on young people



The economic recession affects not only include in the working class, or who participate in the work of a generation. Children and youth, that affected the economic recession and poverty so that these children sometimes never did that to their age or sometimes so uncertain of their surroundings.




According to the report of the United Nations world youth youth (age 18-24 years) is about 18 percent of the world's population. Meanwhile, the youth is also 25% of working-age population. Last 2007, it was more than 1.2 billion people in the world, who belonged to this age group.




Youth are two to three times more likely than adults were unemployed. The situation is especially important for young women, who suffer from higher unemployment rates than young men in most of the economy. According to the International Labour Organisation (ILO) youth in developed and developing countries are more likely to work long hours with little or no social protection and short-term contracts, low pay at all.




Youth who work force with limited prospects as inadequate and insufficient education, have a high probability of facing unemployment, whether it be short or long term, intermittent spells of unemployment and low-wage jobs.




There are more than1 billion young people aged 24 between15 unemployed. A large percentage (85 percent) would be from developing countries. 160 million people unemployed worldwide right now, according to the ILO, and almost 40 percent of it comes from the field of youth.




The majority of employed youth would work with short-term employment. Casualisation of youth or youth or the conclusion of the work of the shorter terms of affects benefits or social protection they get from employers. This explains why many employed youth are working with or without protection.




Most of the world of youth work in the informal economy. In Latin America, almost all of the newly created jobs use the youth are the grey economy. While in Africa, are also informal 93 percent of all new jobs. Workers in the informal sector usually work long hours, low wages and bad working conditions. They do not have access to social protection or benefits and freedom of associations, organisations or trade unions and collective bargaining.




There are also the effects of the recession on University students. During recessions, economic take is in retreat. What Government can do is to reduce taxes, increase government safety net, the expenditure. For this reason, training budgets have been harder to do.




The Government safety net expenditure, to reduce the daily training of students. Courses, programs, and student activities can suffer cuts in the budget, such as programs compete less funds for education. The options for student loans, scholarships, schools, employment and assistance funding may also be weakened. During budget cuts less education budget will lead to higher tuition fees on the financing of the missing funds. This is particularly the case for subsidised State institutions and public schools.




Due to poverty and the difficult times are numbers showing that youth are forced to enter the low-paid and high-risk jobs with little social protection. In the face of poverty and better employment opportunities, our youth are forced to risk their health and physical strength.




There may be many ways to the economic recession deeply reduced to our youth. There are a large number of young people currently unemployed, and unemployment significantly affects the position of our youth. Unemployment, marginalization, exclusion may, frustration and even the low esteem.




It is important to save our youth from impeding the crisis. The determination of youth employment policies and sound economic policies are great ways to run it.


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