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Published in:
2015 | OriginalPaper | Chapter
The Youth Unemployment Crisis and the Threat of a “Generation Jobless”
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The recent economic crisis, the worst since the Great Depression in the 1930s, has led to a disproportionate increase in youth unemployment around the world. Young people in both developed and developing economies are facing harsh labor market conditions. In 2013, more than 70 million young people were unemployed with even greater numbers not even being considered in these statistics because they either dropped out of the system or because they never entered it.