Bloomberg reports on the grim statistics posted by the World Bank: reportedly, regardless of gender or country, "people 15 to 29 years old" are "twice as likely as adults to be unemployed." The report further indicates that 600 million jobs need to be created over the next decade, "just to prevent the situation from getting worse."
At stake is the well-being of the entire global economy. Without an income, millions of young people slump into poverty. By delaying their entry into the workforce or accepting low-paying jobs, many limit their lifetime earning potential. When young people don't work, governments don't get the tax revenue and businesses fail to gain customers.
"Social costs are ever mounting as well," the report said, citing youth-led uprisings in many Arab countries and the rise of economic insurgency and youth extremism. "What we see is a generation in economic crisis."
|What It's Like to Work in Walmart Hell|
|"Drunk and bleeding is never a good start to an interview": People HR Deals With|
|Your Shitty Co-Workers Are Killing You|
|The Man They Couldn't Hang|
|El Empleo (The Employment)|
|“Robots should be fitted with an 'ethical black box' to keep track of their decisions.”|
|"A helpful guide created by an unqualified individual."|
|"An unabashed love letter to the 1982 motion picture Blade Runner."|
|Making a Movie Inside a Video Game|
|"A real-time surveillance machine that has been developed for online advertising is rapidly expanding into other fields."|
|Fast, Clean, Cost-Effective Metal 3D-Printing|
|Google Map Shows You the Most Photographed Areas of the World|
|"You only need about 100 miles by 100 miles of solar panels to power the entire United States."|
|"Warp drives could become a real technology within the lifetimes of today’s toddlers."|
|"State borders are a lot weirder than they first appear."|
|Iron Star Civilizations|