Archive for September 4th, 2012

04/09/2012

Youth Unemployment To Worsen Everywhere

Human Wrongs Watch

Jobless rates among young people will get even worse globally as the spill-over of the euro crisis spreads from advanced to emerging economies, according to a United Nations paper.

An unemployed youth. Photo: ILO

“Ironically, only in developed economies are youth unemployment rates expected to fall in the coming years, but this follows the largest increase in youth unemployment among all regions since the start of the crisis,” said Ekkehard Ernst, the lead author of the UN International Labour Organization (ILO)’s paper, entitled Global Employment Outlook: Bleak Labour Market Prospects for Youth.

The paper forecasts the youth unemployment rate in developed economies dropping gradually, from 17.5 per cent this year to 15.6 per cent in 2017 – far higher than the rate of 12.5 per cent registered in 2007, before the crisis struck.

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04/09/2012

‘Be Prepared for a Huge Urbanization Process – It’s Like a Tsunami’

Human Wrongs Watch

The United Nations called for the development of national urban policies to ensure developing countries are not overwhelmed by urbanization, which he compared to a tsunami for its staggering growth which can surpass cities’ capacities to manage it.

Urban sprawl – a view of old Lijian city in China. Photo: UN-HABITAT

“What we are seeing now is a huge process of urbanization in the south which goes hand in hand with development. You cannot have one without the other. The problem is that the institutional architecture cannot keep pace with urbanization,” said the Executive Director of UN-Habitat, Joan Clos at the opening of the 6th World Urban Forum in Naples, Italy, on Sept. 3, 2012.

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