Globally the number of unemployed youth dropped slightly since its peak of 75. 8 million in 2009 to 75.1 million late last year.
Young people in the developed countries have been hardest hit by unemployment as a result of the global economic crisis, according to a new report by the International Labor Organization (ILO).
In a new report released on Wednesday, the agency warns of what it calls a ‘scarred’ generation of young people who don’t have jobs. It says that globally the number of unemployed youth dropped slightly since its peak of 75. 8 million in 2009 to 75.1 million late last year.
ILO’s specialist in youth employment, Sara Elder says that young people in the developed economies and the European Union have paid a heavy price during the current economic crisis.
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The ILO says that in the developing countries young people are working but poor.
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