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Global employment trends for youth 2022 investing in transforming futures for young people
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Paper
Global employment trends for youth 2022 investing in transforming futures for young people
2022
Overview
The 2022 edition discusses the impact of the COVID-19 pandemic on young people and their labour market prospects during the recovery and beyond. Youth have been disproportionately affected by the pandemic and youth labour markets are now being buffeted by the lingering impacts of the pandemic, geopolitical risks and macroeconomic risks such as the impact of supply chain disruptions and rising inflation, particularly that of food and energy. There is also the potential permanent damage wreaked by these crises on the fabric of labour markets. As countries seek to address these multiple challenges, they must also not lose sight of longer-term priorities. In particular, targeted investment in the green, blue (ocean), digital, creative and care economies hold great potential to provide decent jobs for young people while setting economies on path towards greater sustainability, inclusiveness and resilience.
Publisher
Federal Reserve Bank of St. Louis
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