According to the recently released United Nations report (“World Urbanization Prospects”), more than half of humanity now lives in cities. Today, 54% of the world’s population, 3.9 billion people, resides in urban areas, compared to only 30% back in 1950. The report predicts that cities will add an additional 2.5 billion people by 2050, with nearly 90% of this increase happening in Asia and Africa.
This year’s Workforce Development Track of the Making Cents conference saw more than a tenfold increase in proposal submissions and will feature a record number of panelists across nine distinct workforce themed panels. The lineup of proposals and participants provides terrific insight into the range and diversity of workforce issues that the development community and countries at large are grappling with, including public private partnerships, work-based learning interventions, soft-skills measurement, technology applications, career development practices and mentorship programs.
My name is Matthew French and I work for JBS International, Inc. This blog draws upon research conducted under contract with USAID’s office of Education (read the full youth engagement report here), as well as my own experiences working with young people.
This paper is part of the Child and Youth Finance International Landscape Series. Each paper in the Landscape Series looks back on the developments of recent years and looks forward to the future. This paper focuses on financial inclusion for children and youth.
Getting youth into productive employment is an urgent policy issue for countries around the world. A successful transition to the labor force is essential for young people to be assured of success in life, but many young people encounter significant obstacles to this transition. Youth are three times more likely than adults to be unemployed; worldwide, almost 73 million youth are looking for work. In the wake of the financial crisis at the end of the last decade, the share of youth neither participating in the labor force nor enrolled in school has been increasing.
The Global Inclusion Awards 2017, a CYFI initiative, recognise and honour those that achieve greatness and demonstrate innovation in financial, social and livelihoods education, financial inclusion, and entrepreneurial support for children and youth at the national, regional and international level.