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Entrepreneurial skills

Entrepreneurial skills can include a broad range of various skillsets like technical skills, leadership and business management skills, and creative thinking. Because entrepreneurial skills can be applied to many different job roles and industries, developing your entrepreneurial skills can mean developing several types of skill sets. For instance, to be a successful business owner, you may need to develop your business management skills. To build and maintain successful proj

Youth unemployment is a global problem

621 million young people aged 15-24 years old are not in education, employment or training. Girls and young women make up the majority of the world’s 621 million young people who are not in education, employment or training. In 2021, the EU unemployment rate for people aged 15-29 was 13.0 %. Youth unemployment has largely been described as a major, if not the primary catalyst for revolution, political and societal upheaval and, conflict towards the system. Lack of economic op

Key issues for employment and skills development

Increased need for both skills upgrading and new skills that fuel industry competitiveness Modern sector: enhancement of its competitiveness on global markets Traditional/rural sector: implemention of anti-poverty programmes focused on job creation and skills development to support rural livelihoods → since the educational and training institutions mostly target the modern sector, the poor have little access to skills development Lack of jobs → Industrialisation proceeds tend

Human Capital Potential

Vietnam’s youth possess high human capital potential. The World Bank’s Human Capital Index (HCI) measures actual and potential productivity levels for the next generation of workers. Despite being a lower-middle-income country, Vietnam is among the top(quartile) performers worldwide in terms of the HCI, not only outperforming other countries in the East Asia and Pacific (EAP) region, but also significantly surpassing other lower middle-income countries (LMICs). According to t

Empowering the youth in the employment field of unemployment

#youthmpower #unemployment #youthwork #youth Youth unemployment refers to the share of the labor force aged 15–24 without work but available for and seeking employment. Southeast Asia has a high youth unemployment rate which is mostly driven by the high rates in Indonesia, the Philippines, and Timor-Leste. Young people account for a large share of the labor force with nearly half (49.5 percent) aged between 15 and 39 years. Making its transition to a higher value economy, Vie

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