Okuzeka
Economics vocabulary · Jobs and Unemployment

Youth unemployment

Meaning in economics, with examples

nounCommon term

In economics, youth unemployment means: Unemployment among young people, usually measured for those aged 15 to 24 who are looking for work but cannot find a job.

In Turkish: genç işsizliği, genç nüfusta işsizlik

How it is used

A standard figure in labour reports from TurkStat, Eurostat and the ILO: the youth unemployment rate. It is usually much higher than the overall rate. A related idea is NEET: young people not in education, employment or training.

Example sentences

  1. Youth unemployment is more than twice the national average.

  2. Apprenticeship schemes are one way to tackle youth unemployment.

Common collocations

  • youth unemployment rate
  • tackle youth unemployment
  • high youth unemployment
  • NEET rate
  • unemploymentThe situation of people who have no job but are available for work and actively looking for one; also the number or share of such people.
  • labour marketThe market in which workers offer their time and skills and employers hire them, setting the level of employment and wages.
  • structural unemploymentLong-lasting unemployment caused by a mismatch between workers' skills or locations and the jobs available, often after technology or industries change.
  • brain drainThe movement of highly educated or skilled people, such as doctors, engineers and scientists, to another country that offers better pay or conditions.

More terms: Jobs and Unemployment

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This page explains English vocabulary for learners. It is not financial advice.