In March 2022, a record 4.5 million US workers quit their jobs. Workers were already voting with their feet before the pandemic but recently many more have been heading for the exit. A Great Resignation is underway.
Not everyone has an equal opportunity to transform their ideas into a business. There could be an additional 9 million people starting and managing new
By working together – as civil society, governments and businesses – we can help young people face the challenges of work, gender equality, the green transition, and the future of business; and empower them to create and seize new opportunities.
C’est en mobilisant les acteurs et les talents de la société civile, aux côtés et en complémentarité des gouvernements et des collectivités publiques, que nous pourrons relever ensemble ces formidables défis que représentent aujourd’hui l’emploi et l’émancipation des jeunes, l’égalité femme-hommes, la transition écologique ou encore l’avenir de l’entreprise.
The COVID-19 pandemic has upended the lives of young people everywhere. Many of the worst consequences of the pandemic – school closures, fewer employment opportunities, low wages – have forced our youth to alter their personal, professional, and educational plans. If left unaddressed, these sacrifices will reverberate for years to come and leave an entire generation – especially those from disadvantaged backgrounds – with bleak futures.
Integrating young people into the labour market is critical for the dynamism of our economies as well as the health of our businesses and society at large. Unfortunately, the consequences of the Covid-19 pandemic have been devastating for the young generation, disrupting their education, limiting their employment opportunities and creating mental health issues.
While the pandemic’s health impacts have fallen mainly on older generations, in many countries it is the young who have proved most vulnerable to its economic impacts. For the young, this has become a crisis not just of health but of opportunity. For more than a year, they have seen job prospects dry up and their learning interrupted.
Businesses, big and small, have to stand up for the COVID generation. Extend a hand to young graduates from the Class of Corona, offer them internships and first jobs, and bet on their future. This crisis has brought an entire generation to a halt. Students and young graduates have classes and exams cancelled…