Concerns Remain Over Youth Employment Despite Declining Jobless Rates

The International Labour Organization's (ILO) latest report, Global Employment Trends for Youth 2024 (GET for Youth), indicates an overall improvement in the global labor market for youth. The youth unemployment rate dropped to 13% in 2023, the lowest in 15 years, and is projected to decrease further. However, the report highlights ongoing concerns, particularly for young people in specific regions and young women, who have not fully benefited from the post-pandemic economic recovery. Youth unemployment rates remain high in the Arab States, East Asia, and Southeast Asia and the Pacific.