Youth Unemployment Higher in Upper-Middle-Income Countries

Employment

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Erlina Fury Santika 25/03/2024 19:40 WIB

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ILO data shows that youth unemployment is quite high in upper-middle-income countries.

Estimated Youth and Adult Unemployment Rates by Country Income Group (November 2023)*

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Youth Unemployment Higher in Upper-Middle-Income Countries

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Estimated Youth and Adult Unemployment Rates by Country Income Group (November 2023)*

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The International Labour Organization (ILO) states that high youth unemployment (ages 15-24) occurs across all income groups. Meanwhile, adult unemployment (over 24 or 25 years old) remains proportionally much lower than youth unemployment.

Upper-middle-income countries are estimated to have the highest youth unemployment rate, at 15.5% of total unemployment in 2023. Adult unemployment in these countries reached 4.2%. Indonesia falls into this income group.

Lower-middle-income countries also recorded a relatively high youth unemployment rate of 13.8%, followed by adult unemployment at 3.4%.

High-income countries also experienced a high youth unemployment rate of 10.4%, while adult unemployment stood at 3.8%.

Finally, low-income countries had a youth unemployment rate of 9.2%. Although this appears to be the lowest compared to other country groups, their adult unemployment rate reached 4.5% – the highest among the groups.

Overall, the ILO estimates that unemployed youth account for 13.3% of total global unemployment. Adult unemployment accounts for 3.9%.

(Also read: Global Job Growth Slowed in 2023)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Youth Unemployment Higher in Upper-Middle-Income Countries

Youth Unemployment Higher in Upper-Middle-Income Countries

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Youth Unemployment Higher in Upper-Middle-Income Countries

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