Economic Growth

Which countries have the highest rates of youth unemployment?

Joe Myers
Writer, Forum Agenda

According to the OECD, the rate of youth unemployment worldwide is nearly a third higher than in 2007 – including increasing levels of long-term unemployment. They argue that a number of steps are needed to improve youth employment prospects, including better and more focused education, improved assistance when transitioning to the workplace and an overall boosts in job creation.

Using 2014 OECD data, the table below shows the percentage of the labour force aged 15-24 who are unemployed.YouthUnemploymentRatesOECD

The country with the highest youth unemployment is Spain, with over 53% of their labour force aged 15-24 out of work. Over half of those aged between 15-24 are also unemployed in South Africa and Greece. The list is dominated by European Union members, which occupy eight of the top 10 spots. According to the European Commission, 7.5 million young Europeans are not employed, in education or training (also known as a “NEET”).

This data is taken from the OECD’s Employment Outlook 2015 report. The figures denote the number of people aged 15-24, who have reported they are without work, that they are available for work, and that they have actively searched for work in the last four weeks, as a percentage of the total labour force.

Have you read?
How to tackle youth unemployment
How can cities help to end youth unemployment?

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Joe Myers is a Digital Content producer at Formative Content. 

Image: Job offers are seen in this illustration in Milan. REUTERS/Alessandro Garofalo.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Future of Work

Related topics:
Economic GrowthJobs and the Future of Work
Share:
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How 'green education' could speed up the net-zero transition

Sonia Ben Jaafar

November 22, 2024

What is the gig economy and what's the deal for gig workers?

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum