Tackling youth unemployment – whose job is it?

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Many voices are calling for public-private partnerships to address the growing youth unemployment crisis, but to judge by action and results, the business world is waiting for someone else to step up to the plate.It’s clear that corporate leaders are concerned. Unemployment and underemployment–especially among young people–ranked second on a list of top 10 global risks in the World Economic Forum’s latest survey of influential stakeholders.And with good reason. Hovering around 13 percent, the global youth unemployment rate is almost three times higher than the same rate for adults.Experts worry that the crisis is creating a “lost generation.” Many young people face either chronic unemployment or low earnings in informal work that can’t lift them out of poverty – especially in developing …


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