The transition of young people into work marks a critical period in the life cycle. It signifies a crucial stage of independence, the application of academic learning, and social and economic productivity, as well as sets the stage for an individual’s potential in terms of earning capacity, job options and the possibility of advancement.
Chapter I introduces the status of young people in the labour market and youth employment trends. It provides a snapshot of key youth employment-related demographics, highlighting the critical role of youth employment in social development. The chapter also considers positive and negative trends across countries in various stages of development to illustrate the state of youth employment world-wide.