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ManpowerGroup, the world leader in innovative workforce solutions and a World Economic Forum (WEF) strategic partner, released a report today at Making Cents International's Global Youth Economic Opportunities Conference that calls on governments to closely collaborate with companies and educators in developing and scaling the massive initiatives needed to increase the number of work opportunities available for young people.
The new report, "How Policy Makers Can Boost Youth Employment," supplements "Wanted: Energized, Career-Driven Youth," a ManpowerGroup paper published earlier in 2012 which focuses on how businesses can lead youth mentoring, recruiting and career development initiatives. Making Cents International enables organizations around the world to adopt strategies to create quality employment and entrepreneurship opportunities for youth and other vulnerable persons.
ManpowerGroup is based in Milwaukee.
"Public awareness of the rising number of jobless youth has intensified over the last decade," said David Arkless, ManpowerGroup's president of global corporate and government affairs. "The Human Age's new talent-based economy offers tremendous opportunities but it also demands more specialized skills from new workers. Today's efficient economy is not guaranteed to create enough jobs for all young people who want to work. Without aggressive and proactive job creation and youth employment strategies both developed and developing countries face growing job scarcity, social tensions, and a lost generation of young people."
"We're pleased that ManpowerGroup released its report at this year's conference," said Fiona Macaulay, founder and CEO of Making Cents. "With more than 75 million young people unemployed across the globe, we need to find the best ideas out there and scale them rapidly, to quickly broaden the impact across regions."
ManpowerGroup's new report will be available this week at www.manpowergroup.com/research.
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