In our rapidly changing, hyperconnected world, the information and communication technology industry is driving economic growth, innovation and job creation. It’s also where the jobs are.
Although young people age 15 to 24 represent 17 percent of the global population, the youth accounts for 40 percent of the world’s unemployed.
The global youth unemployment rate was calculated at 13.1 percent in 2013, with 73 million young people jobless worldwide, according to the International Labor Organization. Furthermore, recent estimates indicate that almost one-third of the youth between the ages of 15 and 29 are inactive; that is, they are NEETS — not in education, not in employment and not in training.
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About the author
Fiona Macaulay@F_Macaulay
Fiona Macaulay is the founder and CEO of Making Cents International, dedicated to enabling youths worldwide to create their own economic opportunities. A Devex 40 under 40 development leader, Macaulay initiated the annual Global Youth Economic Opportunities Summit and YouthEconomicOpportunities.org, a global knowledge management platform to increase economic opportunities.
