Will the European Green Deal and European Youth Guarantee help tackle Youth Unemployment?
Today, young people make up 37% of the world's working-age population, but 60% of the total unemployed. According to the OECD, global youth unemployment is three times as high as among adults. The youth labour market is very sensitive to economic cycles, and in times of economic crisis, youth employment is hit harder by economic shocks than adult employment. Young workers are often "first out". There is no doubt that the COVID-19 crisis will worsen employment opportunities, and it is feared that young women and men are hit hardest being excluded from qualified work.
The reinforced Youth Guarantee will play a crucial role in tackling youth unemployment in Europe, especially in countries like Greece or Spain. In our web-event, we will discuss if and how a Green Sector offers a unique chance to involve young women and men endangered by economic exclusion, in particular by implementing the goals set out in the European Green Deal and the corresponding national Energy and Climate Plans.
To be successful in reducing youth unemployment in light of the European Green Deal we will need strong European networks for an effective exchange of knowledge, sustainable cooperation and good policies. The online event aims to give an impulse to develop such networks and showcases some innovative policies.
This is a virtual event held over Zoom. It may be streamed live on the World Future Council Facebook page. The event will be recorded and can be made available on the World Future Council’s website and Facebook page.