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International Skills Forum Session 7: A. Adams - Transforming Technical and Vocational Education and Training Systems

International Skills Forum Session 7: A. Adams - Transforming Technical and Vocational Education and Training Systems

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Transforming technical and vocational education and training systems in Asia.
Transforming technical and vocational education and training systems in Asia.

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Categories:Presentations
Published by: Asian Development Bank Conferences on Jan 08, 2014
Copyright:Attribution Non-commercial

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01/08/2014

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Meeting the Youth Employment Challenge
 Arvil V. Adams, XiaoyanLiang, YinanZhang
 
Labor markets absorb most youth by the age of 25 when youth to adult unemployment ratios approach 1:1
Short-term costs of extended youth unemployment
Foregone income
Impact on social order
Delayed formation of households
Long-term impacts
Missed opportunities for developing skills
Lower lifetime earnings
Lower aggregate demand in the economy
 
Not in education, employment, or training (NEET)

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