Networked Solutions for the Youth Unemployment Crisis
With nearly 300 million unemployed or inactive youth around the world, youth unemployment is a serious threat to global prosperity and well-being. The social and economic repercussions of prolonged youth unemployment range from a loss of aggregate demand in the form of slower growth and less job creation to heightened pressure on fragile social support systems and even increases in crime, violence and social unrest. While single-actor interventions have largely proven ineffective, global solution networks are drawing on the resources and competencies of diverse actors in society to create new pathways for skills development, entrepreneurship and policy creation that will underpin long-term solutions for youth employment.