SECRETARY-GENERAL TO ATTEND HIGH-LEVEL MEETING ON STRATEGY FOR EASING UNEMPLOYMENT AMONG WORLD’S YOUTH

SECRETARY-GENERAL TO ATTEND HIGH-LEVEL MEETING ON STRATEGY

FOR EASING UNEMPLOYMENT AMONG WORLD’S YOUTH

Leaders of World Bank and ILO Will Join Geneva Parley

GENEVA, 13 July (UN Information Service) -- With the world’s major economies slowing down and threatening the growth prospects of developing countries, the unemployment of youth –- those between the ages of 15 and 24 –- who account for

41 per cent of the world’s unemployed, is becoming a focus for United Nations concerted action.  On Monday (16 July) in Geneva, the Secretary-General Kofi Annan, along with James D. Wolfensohn, President of the World Bank, and Juan Somavia, Director-General of the International Labour Organization (ILO), will meet with a High-Level Panel of the Youth Employment Network convened after the Millennium Summit.

The High-Level Panel, which consists of 12 eminent persons, will gather on at ILO headquarters in Geneva.  The Secretary-General plans to hold a press conference after his meeting.

The Youth Employment Network was created in recognition of the urgency to address youth unemployment, particularly in developing countries.  It has its roots in the Secretary-General's Millennium Summit Report, in which he stated that:  "Together with the heads of the World Bank and the International Labour Organization, I am convening a high-level policy network on youth employment -- drawing on the most creative leaders in private industry, civil society and economic policy to explore imaginative approaches to this difficult challenge.  I will ask this policy network to propose a set of recommendations that I can convey to world leaders within a year.  The possible sources of solutions will include the Internet and the informal sector, especially the contribution that small enterprises can make to employment generation."

The Millennium Summit in New York last September reaffirmed the emphasis the Secretary-General placed on the employment of young people.  Heads of State and government resolved to “develop and implement strategies that give young people everywhere a real chance to find decent and productive work”.

Youth unemployment rates are typically two to three times higher than the adult rates, and are alarmingly high in many countries.  In many developing and some developed countries, more young women are unemployed than young men, or have lower participation rates.  Out of the 98 economies for which recent information is available, no less than 51 have youth unemployment rates of over 15 per cent. 

Furthermore, hundreds of millions more young people work fewer hours than they wish, and still others, largely in developing countries where 85 per cent of the world’s youth live, work long hours with little gain and no social protection in the informal economy.  

      Recommendations

The Youth Employment Network has began to formulate a set of policy recommendations, the result of consultations and deliberations among the Network’s High-Level Panel, its technical members and its secretariat, which is composed of the United Nations, the World Bank and the International Labour Office.  They include:

-- Helping young entrepreneurs to access the support they need, be it through easy-to-understand labour market information services, or through help in setting up small businesses or through access to capital;

-- Responding to youth aspirations for a better future through job security, social protection, rights, and representation at work;

-- Creating an enabling international environment for the mobilization of financial resources and action on youth employment; and

-- Creating partnerships and networks locally and internationally.

      Members of High-Level Panel

The following eminent persons have accepted the Secretary-General’s invitation to become members of the High-Level Panel of the Youth Employment Network, which acts in an advisory capacity, providing its views and expertise on the proposed policy recommendations, as well as mobilizing public opinion and action for youth employment:

Saiduffin Abdullah (Malaysia, President of the Malaysian Youth Council); César Alierta (Spain, Representative of the International Organization of Employers and Executive President of Telefónica);Ruth Cardoso (Brazil, Chair of Comunidade Solidaria); Hernando de Soto (Peru, President of the Instituto Libertad y Democracia); Bill Jordan (United Kingdom, Secretary General of the International Confederation of Free Trade Unions); Allan Larsson (Sweden, Former Minister of Finance and European Union Director General of Employment); Rick Little (United States of America, President of the International Youth Foundation); Geeta Rao Gupta (India, President of the International Center for Research on Women); Magatte Wade (Senegal, Director General of AGETIP-Senegal); Ralph Willis (Australia, former Parliamentarian and Minister for Employment and Industrial Relations); and Rosanna Wong (China, Executive Director of the Hong Kong Federation of Youth Groups).

Further information is available in Geneva from:  Marie Heuzé, Director, UN Information Service.  Tel: 22-9172325, Fax: 22-9170030, E-mail: mheuze@unog.ch --

and in New York from:  Elisabeth Ruzicka-Dempsey, Information Officer, Development and Human Rights Section, Public Affairs Division, UN Department of Public Information.  Tel: 212-963-1742, Fax: 212-963-1186.