International Labour Organization (ILO) says that more than one in six young people (aged 18-29) are out of work due to the coronavirus pandemic. Also, the employed youth have seen their working hours cut by 23 percent.
According to the ILO's recent research, youth are facing multiple shocks due to the ongoing pandemic. This could lead to the emergence of a 'lockdown generation'.
In addition to this, the research also says that there is a risk that young people 'will be scarred throughout their working lives.'
The research points out that the increase in unemployment has affected young women more than men.
“The COVID-19 economic crisis is hitting young people – especially women – harder and faster than any other group," said ILO Director-General, Guy Ryder. "If we do not take significant and immediate action to improve their situation, the legacy of the virus could be with us for decades."
"If their talent and energy is side-lined by a lack of opportunity or skills it will damage all our futures and make it much more difficult to re-build a better, post-COVID economy,” he added.
Their recent figures show that the current pandemic is disrupting education and training, and placing obstacles in the way of those who want to find or switch jobs.
The organization suggests the need for 'large-scale and targeted policy responses to support youth.'
The research also highlights the benefits of testing and tracing of the coronavirus.
"In countries with strong testing and tracing, the average fall in working hours is reduced by as much as 50 per cent," said the ILO. "There are three reasons for this: Testing and tracing reduces reliance on strict confinement measures; promotes the public confidence and so encourages consumption and supports employment; and helps minimize operational disruption at the workplace."
“Testing and tracing can be an important part of the policy package if we are to fight fear, reduce risk and get our economies and societies moving again quickly," said Ryder.
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