Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate)

This indicator captures the percentage of young individuals aged 15 to 24 who are actively seeking employment but remain without work, representing a critical segment of the labor market. High rates of youth unemployment can indicate systemic issues such as a mismatch between education and job opportunities, lack of vocational training, or economic downturns. It can also reveal the challenges that young people face in transitioning from education to the workforce, affecting their future earnings and career trajectories. Addressing youth unemployment is vital for ensuring economic stability, fostering social cohesion, and empowering the next generation to contribute effectively to the economy. Policies aimed at improving access to job training, internships, and apprenticeships are essential to mitigate this pressing issue. Source: