Global Youth Unemployment Hits 15-Year Low, Uneven Recovery Persists

International Labor Organization report highlights regional disparities and challenges for young women in post-COVID job market.

Youth unemployment fell to 13% in 2023, the lowest since 2008, with further declines expected.
Arab States, Southeast Asia, and the Pacific regions have higher youth unemployment rates than pre-pandemic levels.
Young women face higher unemployment rates and greater challenges in the job market compared to young men.
One in five young people globally were not in employment, education, or training (NEET) in 2023, with two-thirds being female.
Developing countries struggle with job creation and decent work opportunities for the youth, exacerbating inequality.