The world is facing a growing youth employment crisis.
According to the latest International Labour Organization (ILO) ILO data, about half of the world's estimated 191 million unemployed people in 2004 - or nearly 86 million – are aged between 15 and 24. In many economies, young people are more than three times as likely as adults to be out of work. Today, both industrialized and developing countries are failing to increase employment opportunities for young people.
