Tackling the COVID-19 youth employment crisis in Asia and the Pacific
Abstract
The coronavirus disease (COVID-19) pandemic has triggered a massive disruption of labour markets that has had disproportionate impacts on youth employment. Through lockdowns and travel restrictions, demand has slumped and many businesses have been forced to close or cut back operations, with serious impacts on workers. Nearly 220 million young workers (15–24 years) in the region are particularly vulnerable given their short tenure on the job, their employment in especially hard-hit sectors and their tendency to earn livelihoods in unsecure informal jobs. The usual challenges of youth employment are heightened in economic crises. Given their relative lack of experience, young people face higher rates of unemployment than adults (25 and older) regardless of the business cycle. Young people are also more likely than adults to work in less-secure, lower-wage employment, frequently with limited legal rights, social protection, and representation. The current COVID-19 crisis brings the vulnerabilities of youth labour markets to the fore, but with the further complication of disrupted education and training pathways. Young people will be hit harder than adults in the immediate crisis and also bear higher longer-term economic and social costs. Pre-existing vulnerabilities of youth in the labour market will be exacerbated, with negative consequences for intergenerational poverty and inequality.
Themen
Sprachen
Englisch
Verlag
Asian Development Bank
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