This Week's Herman Trend Alert Purpose Emerging as Important Driver of Engagement

The Herman Trend Alert October 26, 2011 Sounding a Global Warning With a global population of seven billion people, it is important to realize that over 28 percent are between the ages of 15 and 24. Today, we highlight a significant societal problem: youth unemployment. “A ‘scarred’ generation of young workers [is] facing a dangerous mix of high unemployment, increased inactivity, and precarious work in developed countries, as well as persistently high working poverty in the developing world”, according to a study released last week by The International Labour Organization (ILO). Moreover, the ILO warns the situation is getting worse. In its recent report “Global Employment Trends for Youth: 2011 Update”, the ILO speaks of the Great Recession that has brought “its “current discomfort from unemployment, under-employment, and the stress of social hazards associated with joblessness and prolonged inactivity”. However, there are also more critical “possible longer term consequences in lower future wages,” the most serious of which is, “distrust of the political and economic system”. The report notes: as it becomes increasingly difficult for young people to find anything other than part-time and temporary work, this collective frustration has contributed to protest movements around the world this year. The report adds despite progress made in the education of youth in the Middle East and North Africa, “over the past 20 years, approximately one in four have been unemployed”. The report states that though the absolute number of unemployed youth fell slightly (from 12.7 to 12.6 percent) since its peak in 2009, in fact, more youth withdrew from the labor market, rather than finding jobs. This fact is especially true in the Developed Economies and the European Union region. In Ireland, the youth unemployment rate (27.5 percent in 2010) would have been more than 19.3 percentage points higher, if those who were either “hiding out” in the education system, or waiting at home for prospects to improve, were included in the analysis. In Asia and Africa, young people, trapped in low-income economies, have no choice but to work in subsistence jobs. This employment makes it seem like these youth are better off than they really are. Unfortunately, the situation is going to get worse, before it gets better. Countries need to address this alarming trend. ### In subsequent Herman Trend Alerts, we will detail some of the solutions. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." WHO SENDS OUT YOUR NEWSLETTERS? We are convinced there is no better choice than ours! We have happily used DataBack Systems to deliver The Herman Trend Alert for over 10 years and. Visit their website (http://www.databack.com) or call Byron directly at 503.941.0427. You'll be glad you did. IS YOUR EMPLOYER AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. In the future, being an Employer of Choice® will not be optional. Call Carol at 336-210-3547 to arrange a no-obligation conference call. Or order the electronic version of the Employer of Choice book on your desktop for only $17.80 @ http://hermangroup.com/store/books_all.html#2. STRUGGLING TO FIND THE PEOPLE YOU NEED? VETJOBS CAN HELP! Recently, hundreds of thousands of jobs remain unfilled due to a lack of capable people. If you are looking for qualified candidates, you need to hire a veteran using VFW-sponsored VetJobs, the largest military employment site on the Internet. Thousands of returning veterans are looking for good jobs now. Mention this ad in The Herman Trend Alert and receive a 10% discount on job postings. Call Ted Daywalt at 877-838-5627 or inquire at info@VetJobs.com. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

[ Home · About · Products · Resources · Media ]

Web site design by WebEditor Design Services, Inc.