ILO warns of 'lost generation' of unemployed youth | Connect Asia

ILO warns of 'lost generation' of unemployed youth

ILO warns of 'lost generation' of unemployed youth

Posted 13 August 2010, 13:06 AEST

The International labour Organisation is warning of a "lost generation" of young unemployed as a result of the effects of the economic crisis.

It says a record 81-million people aged between 15 and 24 were without work in 2009 - the highest number ever and a full one per cent higher than adults. In a report to coincide with the International Year of Youth, the ILO says any jobs recovery will be slow after two years of economic downturn. It adds that economic waste and potential social instability will result in some countries if people are permanently discouraged.

Presenter: Karon Snowdon

Speaker: Kee Beom Kim, ILO Economist

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