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Unemployment will continue to rise

January 26, 2015

Capture d’écran 2015-01-26 à 16.45.15

Unemployment will continue to rise in the coming years, as the global economy has entered a new period combining slower growth, widening inequalities and turbulence, warns the ILO in the World Employment and social Outlook – Trends 2015. By 2019, more than 212 million people will be out of work, up from the current 201 million.

The report also highlights that youg workers aged 15-24 are particularly hit by the crisis, with a global youth unemployment rate of almost 13 per cent in 2014 and a further increase expected in coming years.

The situation for young people is not better in Europe. The latest Employment and Social Situation Quarterly Review of the European Commission has shown a small growth of employment in the EU since mid-2013, but it has identified specific remaining challenges: one of them being the low employment opportunities for youth (15-24).

The Youth Forum regrets that the crisis is not yet behind young people and is worried about the consequent increasing risk of poverty and social exclusion for young people.

European Youth Forum AISBL

Rue de l’Industrie 10, 1000 Brussels

Tel.: +32 2 793 75 20
Fax : +32 2 893 25 80

With the support of
The European Commission
The European Youth Foundation of the Council of Europe