Most young workers in poor countries unemployed or in low-quality jobs – ILO
By InterAksyon.com
May 9, 2013
MANILA, Philippines – Three in five young workers in some developing countries are either unemployed or trapped in low-quality jobs, indicating a “staggering waste of economic potential,” according to the ILO Global Employment Trends for Youth 2013 report.
In six of the ten countries surveyed, over 60 percent of young people are either unemployed, working but in low quality, irregular, low wage jobs, often in the informal economy, or neither in the labor force nor in education or training. In Liberia, Malawi and Togo, the figure exceeds 70 percent.
“The waste of economic potential in developing economies is staggering. For an overwhelming number of young people this means a job does not necessarily equal a livelihood,” says Sara Elder, co-author of the report and research specialist for the ILO Youth Employment Program.
Read full article @www.interaksyon.com
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