The World Bank is providing a space to discuss these issues and more at the upcoming Youth Summit, which will be held Oct. 7 in Washington, D.C.
Labor and Social Protection
Ask one of the millions of youth in Nairobi or New Delhi about their concerns for the future, and more than likely the response will be that he or she is worried about finding a job.
There are more than 1.2 billion young people between the ages of 15 and 24 in the world. Seventy-five million of them are unemployed, according to the International Labor Organization (ILO).
Youth unemployment has grown in prominence on national and global development agendas. In 2007, nearly 70 million young people were out of work. This figure climbed to 72.6 million by 2011. In 2012, young people made up more than 40% of the world’s total unemployed population.