Youth unemployment rises globally to 12.4%

According to the International Labour Organization (ILO), around 67 million young people aged 15 to 24 are unemployed worldwide, corresponding to a rate of 12.4%. This increase is attributed to factors such as economic stagnation and challenges posed by artificial intelligence (AI).

The ILO warns that if 10% of jobs exposed to AI disappear, approximately 5.6 million young people could be negatively affected. This situation further exacerbates the issue of unemployment and volatility in the labor market.

Studies show that youth unemployment is rising in several regions, including Europe and Latin America, where the COVID-19 pandemic has had a lasting impact. The lack of opportunities and the need to adapt to the new work environment are hindering young people's entry into the job market.

Data indicate that unemployment disproportionately affects young people due to their lower professional experience. Many young individuals struggle to find jobs that match their qualifications, resulting in frustration and demotivation.

The ILO also underscores the urgency of implementing effective policies that can mitigate these effects, promoting training and reskilling for young people so they can compete in an evolving job market. There is a growing focus on the need for training in digital skills, which are increasingly in demand.

The challenges that AI poses for youth employment require coordinated action from governments and the private sector to ensure that the next generation can benefit from digital transformation without suffering significant job losses.