
Entrepreneurship, skills training and impact work to tackle unemployment and build a resilient workforce
Nearly 65 million youth worldwide are unemployed, with many young people at the start of their work life having been impacted by the pandemic. The Global South, especially Sub-Saharan Africa, is particularly affected – with just three new jobs created for every 11 young Africans entering the workforce. Addressing youth unemployment requires a multi-pronged creative approach that fosters entrepreneurship, incentivizes upskilling and rewards positive behaviours. It is a collective responsibility involving governments, businesses, educational institutions and young people. By harnessing the potential of youth and young people, we can not only tackle the current employment crisis, but also pave the way for a more dynamic and resilient global economy.
photo: freepick.com
Related Post
MSMEs Day 2025: Enhancing the role...
MSME Day 2025 comes at a pivotal moment—just ahead of the Fourth International Conference on Financing for Development (FfD4) in Sevilla...
SME Performance Review: the Annual Report...
Despite ongoing economic headwinds and geopolitical uncertainties, Europe’s 26.1 million SMEs continue to demonstrate remarkable resilienc...
How small businesses can navigate global...
Micro, small, and medium-sized enterprises represent the vast majority of businesses worldwide and are vital to global employment, yet they ...