Challenges Facing Skills Development Efforts

Today, youth in developing countries who are seeking work face great difficulty.
First, in the globalized era, competition has intensified among firms and industries,requiring them to improve the efficiency and quality of their products and services.This forces them to hire fewer, but more skilled, workers. Thus, the entry requirements
for youth seeking work have become higher and tougher.
 Second, the global economic
crises and other trends have led firms and industries to engage in massive restructuring, resulting in fewer new job openings and growing unemployment, particularly among
youth. Globally, some 200 million people are unemployed, including 75 million under
age 25. 
Third, technological change, particularly the development of
information and communication technology (ICT), is occurring at unprecedented speed,requiring workers to have more, and more complex, cognitive skills than ever. Moreover,
the global economy is increasingly becoming “knowledge-based” (OECD 1997),demanding a higher intensity of knowledge and skills to do one’s job. 
Fourth, global labor markets are becoming increasingly casualized and flexible (Standing 1999). Firms are adopting more flexible employment practices. An increased proportion of workers,
especially new to the labor market, must now work as casual labor, without job security and stable career prospects. Finally, because more people are migrating across national
borders seeking work, youth from developing countries are increasingly exposed to global labor markets, competing even with workers outside their own countries who offer more knowledge, skills, qualifications, or competencies, or for lower wages.

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