Monday, October 30, 2006
While the youth population grew by 13.2% between 1995 and 2005, employment among young people grew by only 3.8% to reach 548 million. From the 1.1 billion young people between 15-24 worldwide, one third is either seeing but unable to find work, has given up the search entirely or is working but living on less than US$2 a day.
The Developed Economies and EU region where the only ones to show a considerable decrease in youth unemployment over the last 10 years, but the report attributed this to a declining number of young people in the labor force rather than successful employment strategies.
The highest regional youth unemployment rate was observed in the Middle East and North Africa at 25.7%. Central and Eastern Europe (non-EU) and CIS had the second highest rate in the world with 19.9%. Sub-Saharan Africa's rate was 18.1%, followed by Latin America and the Caribbean (16.6%), South East Asia and the Pacific (15.8%), the developed economies and European Union (EU) (13.1%), South Asia (10%) and East Asia (7.8%).
With the persistence of poverty among as many as 56% of young workers - and the possibility that they may be facing long working hours, temporary and/or informal contracts, with low pay, little or no social protection, minimal training and no voice at work - it becomes clear that having a job is not the same as having a decent job. The ILO report estimates that at least 400 million decent and productive employment opportunities will be needed in order to reach the full productive potential of today's youth
Read the Communication from ILO.
Read the Report
Conclusion: Entrepreneurs, support for them and education availability is needed.
Friday, October 27, 2006
I have not been blogging for long and there's tons of things to say like: Stories from work in Morocco, stories from my personal trip with Perla and Daniela in Morocco, all the rush at work lately, my boss changing company, me not being promoted but only getting more responsibilities and work, Daniela getting Bronchitis, meeting Isabella - a great friend from Brazil whom I haven't seen for 10 years, my family from VZLA coming in December, etc. etc.
So I thought I would break the silence with this text I got from Tugba which I found very interesting
Professor was explaining marketing concepts to MBA Students:
- You see a gorgeous girl at a party. You go up to her and say: "I am very rich. Marry me!" - That's Direct Marketing
- You're at a party with a bunch of friends and see a gorgeous girl. One of your friends goes up to her and pointing at you says: "He's very rich. Marry him." - That's Advertising
- 3. You see a gorgeous girl at a party. You go up to her and get her telephone number. The next day, you call and say: "Hi, I'm very rich. Marry me." - That's Telemarketing
- You're at a party and see gorgeous girl. You get up and straighten your tie, you walk up to her and pour her a drink, you open the door of the car for her, pick up her bag after she drops it, offer her ride and then say: "By the way, I'm rich. Will you marry me?" - That's Public Relations
- You're at a party and see gorgeous girl. She walks up to you and says: "You are very rich! Can you marry ! me?" That's Brand Recognition
- You see a gorgeous girl at a party. You go up to her and say: "I am very rich. Marry me!" She gives you a nice hard slap on your face. - That's Customer Feedback
- You see a gorgeous girl at a party. You go up to her and say: "I am very rich. Marry me!" And she introduces you to her husband. - That's demand and supply gap
- You see a gorgeous girl at a party. You go up to her and before you say anything, another person come and tell her: "I'm rich. Will you marry me?" and she goes with him - That's competition eating into your market share
- You see a gorgeous girl at a party. You go up to her and before you say: "I'm rich, Marry me!" your wife arrives. - That's restriction for entering new markets