YOUTH UNEMPLOYMENT: THE FACTS

• 621 million young people aged 15-24 years old are not in education, employment or training*.
  75 million young people are trained but have no job.
• In the next decade, one billion young people will enter the labour market, and large numbers of young people face a future of irregular and informal employment.
• Almost 90% of all young people live in developing countries.
• Youth are approximately three times more likely to be unemployed than adults (2.7).
• The International Labour Organization (ILO) estimates that the global youth unemployment rate is expected to reach 13.1% in 2016 (71 million young people) and remain at that level through to 2017 (up from 12.9% in 2015).
• It is estimated that 23% of young people currently employed in the world earn less than $1.25US a day**.