The International Labor Organization (ILO) is currently meeting in Geneva, Switzerland, and one of its main topics of discussion is the current effect the worldwide economic crisis is having on today’s youth. According to Bloomberg, there are currently 75 million jobless young people around the world – or 12.7 percent – and the ILO doesn’t see any signs of improvement in the near future.
While developing countries are particularly hard hit by this wave of youth unemployment, the U.S. has also struggled to help young people find jobs. The San Francisco Chronicle reports that American teenagers looking for summer employment are facing the worst jobless rates since World War II. Fewer than 3 in 10 teens are working typical summer jobs in retail stores, restaurants, movie theaters and landscaping services. This number rounds out to approximately 44 percent of American youths currently unable to earn a paycheck during vacation.
Fox News Latino notes that minority teens are facing the greatest unemployment difficulties – for families earning less than $40,000 a year, only 19 percent of Hispanic and 14 percent of African-American teens are currently working.