Monday, 10 June 2013

Youth Employment Global Figures: The Lost Generation

Why Employers Don't Hire Young People...


  • to favor existing older staff (unions)
  • lack experience
  • tough labor laws (employer restrictive)                
Definition of Unemployment: Consistently without a job for 
more than 3 months or unable to find steady wage paying jobs.

If you're 20-25, You're very lucky to be in Malaysia now.
Here's Why ..



Youth Unemployment in the US
16% or 3.5 Million Youths versus 7.6% overall Unemployment
   












16%       



Youth Unemployment in UK
20.7% or 958,000 Youths versus 7.8% overall Unemployment
                       





20.7%

Youth Unemployment in France

25.4% versus 10.6% overall Unemployment


                                   
 




25.4%

Youth Unemployment in Greece

64.2% versus 27% overall Unemployment

64.2%


Youth Unemployment in Spain

57.22% versus 25% overall Unemployment        

57.22%



Youth Unemployment in Malaysia

11% versus 3% overall Unemployment 



11%




% Youth Unemployment
US :16% UK: 20.70% FRANCE: 25.40& GREECE: 64.2% SPAIN: 57.22% MALAYSIA: 11%

%Unemployment (Everyone)
US: 7.60% UK: 7.80% FRANCE: 10.60% GREECE: 27% SPAIN: 25% MALAYSIA: 3%


   
 How to Avoid becoming an Unemployment Statistic


1.0           Create Unique Skills or Volunteer for Experiences
                 i.e.
                 * Languages
                 * Experience in Negotiating or Preparing Proposals
                 * Handling tough people

2.0           Ask for Opportunities
                Your Employer does not owe you anything other than your agreed Salary.
                Ask your employer for opportunities to do better. The one who gains will be you.

3.0               Get involved in your Industry’s Associations
                      If you are a Professional in any industry, there’s usually an association of professionals 
                      like yourself (People hate to be lonely). Join these associations (Interior Designers, Advertising, 
                      Bankers) and increase your network. 



4.0           Last but NOT least – ADD VALUE
                In everything you do, ADD VALUE. Once people know you as a Value Adder,
                you will be in DEMAND and we will never see you as a Statistic.

 

                                       




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