World Bank Essay Competition Youth Unemployment

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All told, there are perhaps as many as 290m 15-to-24-year-olds not participating in the labour market Some of these youths choose not to work.

About a quarter of the 290m are south Asian women who do not work for cultural reasons.

One participant may only submit one work per category.

However, one participant may (but doesn’t have to, of course) submit work in both categories, that is: one essay and one video.

Additionally, you are required to submit a form via the Essay Competition website, which will allow us to identify your work.

YOUTH unemployment is blighting a whole generation of youngsters.

In the developing world, meanwhile, a second contributory factor is that many countries with fast-growing populations also have inefficient labour markets.

Almost half the world’s young people live in South Asia, the Middle East and Africa, the regions with the highest shares of youngsters out of work or working informally.

Workers forced into bad matches or no matches end up on a productivity trajectory well below what they might otherwise have expected.

One estimate suggests that the total economic loss from youth unemployment was equivalent to 1.2% of GDP in Europe in 2011.

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Comments World Bank Essay Competition Youth Unemployment

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