Preparing youth for jobs will look different in Sweden than in Swaziland. But with almost 73 million youth unemployed around the globe, strategies to reverse the trend are in demand everywhere.And in developing economies, where 90 percent of the global youth population lives, two-thirds are underemployed.According to a recent International Labor Organization’s (ILO) Report on Global Employment Trends for Youth released May 8, the global youth unemployment rate is projected to reach almost 13 percent in 2013. This rate is nearly the same as it was at the height of the 2008 economic crisis.Based on current projections, the global unemployment rate is not expected to decline before 2018.In fact, the current youth unemployment crisis is actually worse than the ILO report suggests, because long-term unemployment is growing. Temporary, part-time and insecure jobs are similarly affected.
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