Unemployment Among 16-24 Years Olds: Rate Higher than Average

This represents a rate higher than the global average. Hence the need, according to MEF to define a national policy to encourage young people not to abandon their education and to encourage the creation of jobs for them.

Other statistics in the report: among 16-29 years, the unemployment rate reached 16.5%. Which is two times higher than the national unemployment rate. Approximately 60% of unemployed youth have no School Certificate. MEF concludes that the vast majority of them do not have the education and skills required to be absorbed by the labor market.

The organization advocates, therefore, that the reforms undertaken by the Government to accelerate. There are "priorities" and to consider actions "urgent" to undertake the level of education. Particularly in relation to "outs", that is to say those who do not complete their schooling.

It should therefore, according to the MEF, to ensure that young people have more access to quality education. But that support is given to those who are most likely to drop out.

The document also notes the MEF a "mismatch" between the skills of young people and what employers are looking for.Moreover, despite the efforts of the National Empowerment Foundation for the placement, the opportunities of circular migration or the motivation for the creation of a small business, many young people remain on the sidelines. To remedy this, policymakers must, according to the MEF, focus on training.

This, that these young people can better meet the needs of the market, they are more employable. Regarding job creation, the MEF believes that the government should create a climate conducive to investment, encouraging growth. It should also inject money into sectors that create jobs for themselves and promote their employment. Young people, according to the report of the organization must be part of a development strategy so that the unemployment problem is resolved.

The study examines the MEF, what is more, the social risks associated with this scourge, including drugs, delinquency, depression and rising crime rates. This, in turn, creates economic risks for the country, which would lose its appeal as a destination for foreign investment.