The Challenge of Youth Unemployment

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Transcript The Challenge of Youth Unemployment

The challenge of youth
unemployment
Eduardo Zepeda
United Nations Department for
Economic and Social Affairs
Youth and adult unemployment rates:
highest for 18-25 years
Working-age population by activities
The transition from school to work
Unemployment rates higher for urban
residents and females
Youth unemployment is primary and
secondary education
The odds of landing a formal job rise
with education and age
Unemployment higher among the poor but
continuous fall; among rich it peaks 20-25 yrs
Wage variation by age and area
Profits of household enterprises by age & area
(Thousand of KShs over six-months)
Source of start-up capital (fq)
Own sources; banks after 30 years
Number of young people employed in
KKV public works (350k vs 2m)
Summary
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Demography influences but it is a youth problem
Among primary and secondary is more acute
Non-formally educated & tertiary “special” case
Among ages 18-25 years
Urban and female
Find a formal job or start an informal
Youth head enterprises after 25 years & profits peak after 30
years
• Performance based on location, credit, client
• Current program is ok, needs to evaluate & scale up
• Education is key
THANKS