The pandemic has brought devastating effects on young people especially on their livelihood opportunities and employment prospects. Recent ILO data shows that youth employment fell by 8.7 per cent in 2020 compared with 3.7 per cent for adults. Meanwhile, the world of work continues to rapidly transform. Nearly 50 per cent of companies expect that by 2020, automation will lead to some reduction in their full-time workforce, and more than half of all employees will require significant reskilling and upskilling.
The risk of seeing a whole generation significantly lose out on work opportunities is high. That is why Generation Unlimited is joining forces with partners to scale up efforts to build employment pathways, skills, innovations, entrepreneurship opportunities, and to impact systems change together with young people, governments, business leaders, non-governmental organizations and more.
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