ILO Report: Global Youth Unemployment Rate Rises, North America to Reach 9.8% in 2025
The International Labour Organization (ILO) reported in August that global youth unemployment is on the rise, particularly in high-income economies. The report predicts that the youth unemployment rate in North America will increase from 8.3% in 2023 to 9.8% in 2025. In Northern, Southern, and Western Europe, youth unemployment is expected to remain high at 15% in 2025. Sukti Dasgupta, Director of the ILO's Employment, Skills and Sustainable Enterprises Department, stated that while the direct impact of AI on employment remains unclear, the risks should not be underestimated. The report also noted a decline in jobs that traditionally offer entry-level opportunities for young people, such as clerical and administrative positions, manufacturing-related work, and certain technical professions.
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