Young people globally are almost three times more likely to be unemployed as are adults. They are also particularly vulnerable to insecure and poorly paid jobs. Emerging evidence on effective support options include:
- Entrepreneurship support and skills training tend to be more effective than other interventions, leading to notable benefits in some countries.
- Wage subsidies and job services have so far been largely ineffective.
- Digital technologies have great potential in delivering training and financial services to youth, as well as offering new job opportunities.
For more specific resources on labour markets and employment in light of the COVID-19 pandemic, please refer to the DCED knowledge page on Socioeconomic impacts and national responses.
- ILO’s What Works in Youth Employment website
- IDB’s Youth Employment Inventory (database of comparative information on youth employment interventions worldwide)
- ILO Youth Employment Programme
- The MasterCard Foundation Youth Learning
- ILO and The MasterCard Foundation Work4Youth
- SDC e&i network resources on vocational skills development
Photo credits: © ILO / Crozet M.