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What barriers do the world's 1.8B 10-24 year olds face in becoming productive and engaged members of society? What efforts are being made at a local and ...
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1 Our Approach Methodology for the Strategic Analysis
3 Strategic Analysis 3 components of analysis Problem statement Efforts at local and national level Efforts at regional and global level 1 2 3
4 “We have an opportunity, particularly in the developing world, to take advantage of their energy, their creativity and their innovation—to develop their economies and societies” “The hopes of the world rest on young people. Peace, economic dynamism, social justice, tolerance—all this and more, today and tomorrow, depends on tapping into the power of youth”
6
Source: United Nations Department of Economic and Social Affairs; Population Division; BCG analysis 400 300 200 100 5 – 9 15 - 19 317 229 Population (M) 70 - 74 40 - 44 Male Over 75 65 - 69 60 - 64 55 - 59 50 - 54 45 - 49 348 35 - 39 20 - 24 30 - 34 25 - 29 10 - 14 0 - 4 100 72 103 281 144 246 168 202 254 313 309 306 333 100 200 300 400 Population (M) Female 142 227 82 202 113 296 151 172 240 247 272 300 292 287 311 325 Age group
7 “The success of young people will have huge implications for the world—the youth agenda requires political momentum from the highest levels of global and national leadership” Converting “youth bulges” into “demographic dividends” will require increased productivity and stabilized birth rates
Source: UN Population Division; BCG Analysis; BCG Interviews 10 5 0 5 10 0 - 4 5 - 9 10 - 14 15 - 19 20 - 24 25 - 29 30 - 34 35 - 39 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 - 84 85 - 89 90 - 94 95 - 99 100+ 10 5 0 5 10 0 - 4 5 - 9 10 - 14 15 - 19 20 - 24 25 - 29 30 - 34 35 - 39 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 - 84 85 - 89 90 - 94 95 - 99 100+ Africa— 2017
Male Female Asia— 2017
Male Female
31% young people 24% young people
9 Young people worldwide have high aspirations for their futures “I would like to test and develop videos games, they have always been my ambition since I was 10 years old” —17 year old male from Egypt “I WANT TO BE A CEO” —19 year old male from Colombia “ I would like to do a high paid government job” —17 year old female from India “ Touring and guiding the tourists wherever they go! And I'm just one to help them wholeheartedly! Of course I like the tourists, I want to be a traveler someday ” —17 year old female from the Philippines BCG survey asked young people^1 Where would you like to be in 5 years time?
Representative responses
10 However, young people worldwide face barriers in education and training, leading to challenges in employment Population growth trends likely to place additional pressure on youth dynamics, though impact will differ by region Sub-Saharan Africa, with projected 50% increase in 0-24 year olds by 2050, will need to grow employment opportunities at unprecedented rates South Asia, conversely, faces a 40% reduction in young people by 2050 and will need to increase productivity to grow
Unemployment rate, 2017 (%)
Working poverty rate, 2017 (%)
Note: Youth defined by data source as people aged 15-24; youth figures for 2017 are projections; working poverty rate unavailable for developed countries Source: ILO World Employment Social Outlook 2018; ILO World Employment Social Outlook Trends for Youth 2016; Learning Generation Report; BCG analysis
12 To support young people globally, biggest levers will address NEET, secondary education, and sustainable employment opportunities
Note: NEET rate based on ILO data of Global NEET Rate at 22% of 15-24 year olds Source: UNICEF; World Bank; UNESCO; ILO; BCG Analysis 75% of employed young people are in informal economy
950 million young people reached through secondary school transformation
13 Senegal Case Study: Young people's challenges will differ greatly by local context and require specific interventions
1, 1, 1,
Note: NEET rate based on ILO data of Global NEET Rate at 22% of 15-24 year olds Source: UNICEF; World Bank; UNESCO; ILO; BCG Analysis
~90% of employment in informal economyz ~63% do not finish lower secondary school ~36% NEET rate for 5 - 24 year olds
15 Backup: Within the population of young people, NEET rates also vary by age, geography, and wealth Note: NEET refers to neither in employment, education, nor training; NEET status refers to year prior to survey Source: Young Lives Survey (2016); BCG Analysis
Bottom quintile Top quintile Middle quintile
Rural Urban
Age 19 Age 22 NEET rate (%), by wealth quintile NEET rate (%), by geography NEET rate (%), by age
16 Young people are often unable to access decent and quality work opportunities
Source: Global Employment Trends for Youth 2017; ILO; BCG analysis
18
Low secondary school completion rates leave many young people unprepared for work and life The nature of work is rapidly changing. Even where young people complete secondary school, they often lack the specific skills required for the modern economy There is a disconnect and lack of transparency between young job-seekers and prospective employers In many places, there are insufficient quality and age-appropriate jobs for young people resulting in unemployment, vulnerable work, or migration to opportunity Many ecosystems are not conducive for young people to become entrepreneurs Many young people are unfairly restricted in their education, learning and employment due to marginalization Young people are insufficiently empowered as problem solvers; many more young people want and need to be engaged in tackling the challenges of the SDGs
Seven cross-cutting themes to address to unlock young people’s potential to drive economic and social progress
19 Low rates of lower secondary completion in many parts of the world, along with poor learning outcomes Source: UNESCO; World Bank Group; Education Commission Report; BCG analysis
Niger Rwanda SSA Avg Pakistan World El India Salvador Kenya OECD Avg
Lower secondary school completion rate (2016)
Minimum secondary skills Basic primary level skills only Lack of basic primary skills Projected percentage of children and young people of school age by learning outcome in 2030
1 Low secondary school completion rates leave many young people unprepared for work and life