Saturday, 15 August 2009

UN chief says young people hit by global economic recession

UN chief says young people hit by global economic recession
August 14, 2009 10:38AMT

The UN Secretary-General, Ban Ki-moon, said on Wednesday that young people around the world were among those hardest hit by the global economic downturn.

The UN correspondent of the News Agency of Nigeria (NAN) reports that Mr. Ki-moon made the statement in a message to mark this year's International Youth Day.

"In 2007 for example, youth comprised 25 percent of the world's working age population and yet accounted for 40 percent of the unemployed," the secretary-general said.

He said that the global economic downturn meant that in the near term, youth unemployment would continue to climb.

"Unemployment rates tell only part of the story, especially for the vast majority of youths who live in developing countries.

"For the young, informal, insecure and low-wage employment is the norm, not the exception.

"On International Youth Day, let us renew our pledge to support young people in their development, sustainability is the most promising path forward, and youths can lead the way," he said.

The UN General Assembly had on December 17, 1999 adopted a resolution, which designated August 12 as the International Youth Day in an effort to draw attention to youth issues worldwide.

The theme of this year's International Youth Day is "Sustainability: Our Challenge. Our Future."



d2dyi said...

I agree with the UN report but i also want to say that young people should begin to focus on agriculture or what do you guys think?
Ogaga Maxwell

global economic recession said...

According to me we should take recession as good event, I know that all will disagree with me but I have some explanation on this, we all know that saving money, spending limited money are very much essential points for our financial security but still we don't follow it. Recession is the way by which we all can learn how to save and spend without any tutor for that.