1945

Young people have more education but fewer employment opportunities

One source of tension is the fact that young people have more education but fewer employment opportunities. The youth of today have more years of formal schooling than previous generations, but they also have unemployment rates that are two or three times higher and earn less income even when they have the same or higher educational qualifications and perform the same jobs. In other words, compared to their predecessors, they are more integrated into the processes of knowledge acquisition and human capital formation, yet more excluded from the areas where human capital is used: the labour market as a source of income.

Related Subject(s): Economic and Social Development
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