Sign In
Learn bits
Index & Reports
Mahesh

12/08/22 05:05 AM IST

Recovery in youth employment continues to lag worldwide: ILO report

In News 
  • The unemployment rate for 15- to 24-year-olds stands at 15.6 per cent worldwide, which is three times more than the adult unemployment rate, notes the Global Employment Trends for Youth 2022 report, released by the International Labour Organisation (ILO).
Major Findings 
  • Pandemic has worsened the numerous labour market challenges facing those aged between 15 and 24 years.
  • Youngsters in this age group experienced a much higher percentage loss in employment than adults since early 2020.
  • The total global number of unemployed youth is estimated to reach 73 million in 2022, a slight improvement from 2021 (75 million), but still six million above the pre-pandemic level of 2019,” the report said.
Findings regarding India 
  • The youth employment participation rate declined by 0.9 percentage points over the first nine months of 2021 relative to its value in 2020, while it increased by 2 per cent points for adults over the same time period.
  • The situation is particularly severe for very young people aged 15-20 years,” the report said.
  • Countries are required to create decent jobs, especially in green, blue and digital economies, and to set economies on the path towards greater sustainability, inclusiveness and resilience.
  • School closures lasted 18 months and among the 24 crore school-going children, only 8% of such children in rural areas and 23% in urban areas had adequate access to online education.
  • Given the deeply unequal access to online resources in developing countries, children from socio-economically disadvantaged families, which are the large majority, had almost no access to education.
  • It said school closures not only prevented new learning but also led to the phenomenon of “learning regression”, that is, children forgetting what they had learned earlier.
  • In India, 92% of children on average lost at least one foundational ability in language and 82% lost at least one foundational ability in mathematics,” the report said citing studies.
  • The report appreciated the MGNREGA and said it has played an important role in providing paid employment, particularly for women, but also in carbon sequestration because of the Act’s focus on natural resources, such as land, water and trees, which provide adaptation benefits.
  • Teachers in low-fee private schools in India, Kenya, Nigeria and Pakistan are paid between one-eighth and one-half of what their counterparts in the state sector receive.
ILO 
  • Established as an agency for the League of Nations following World War I.
  • Established by the Treaty of Versailles in 1919.
  • It became the first specialised agency of the United Nations (UN) in the year 1946.
  • It got the Nobel Peace Prize in 1969.
  • It is the only tripartite U.N. agency. It brings together governments, employers and workers.
  • Headquarters: Geneva, Switzerland.
Source- Business Standard 

More Related Current Affairs View All

15 Nov

Government issues guidelines to curb misleading ads by coaching centres

'The central Government issued new guidelines aimed at curbing misleading advertisements by coaching institutes, specifically prohibiting false promises such as "100 per cent selec

Read More

15 Nov

Janjatiya Gaurav Divas

'Every year on November 15th, Janjatiya Gaurav Divas is celebrated to honor the contributions of these communities, especially in India’s freedom struggle.' 5th November

Read More

15 Nov

Supreme Court’s order on mandatory accessibility standards

'A bench of the Supreme Court last week ordered the Union government to frame mandatory rules for ensuring the accessibility of public places and services to persons with disabilit

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps