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Volume 16, Number 2
February 9, 2010

economy

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II Latin America and Caribbean - European Union Forum
Youths with low educational levels are trapped in low-productivity jobs
by the Economic Commission for Latin America and the Caribbean (ECLAC)

The lower the educational level of youths, the more difficult it is for them to access quality and highly-productive jobs, especially among young women, stated ECLAC's Deputy Executive Secretary, Antonio Prado, during the II Latin America and Caribbean - European Union Forum (LAC-EU) in Lima, Peru.

The February 8-10 forum is on the theme of "Promoting decent work for youths. New capabilities for new jobs," and participants include government ministers and other high ranking officials from a dozen countries of the region and Europe, as well as representatives of international organizations.

In his presentation "Challenges for youth employment and social cohesion in the regional economic and social context," Prado noted that in the region, while only 32.4 percent of young women with up to three years of schooling are employed, this percentage rises to 53 percent when they have completed elementary and high school education.

A similar trend can be observed between years of schooling and poverty levels, added Prado.

The low participation of youths in the labor market could be a good sign if that meant they were in school instead, said Prado. However, among youths in the lowest quintile, almost 25 percent --- particularly women --- are neither economically active nor students. Among youths in the highest quintile, only 7 percent are in a similar situation.

The consequences of this low participation in the labor market are multiple, and range from low current and future incomes and prolonging inequality and the intergenerational transmission of poverty, to the misuse of public resources invested in education and social disintegration, stated Prado.

Under the assumption that the level of education conditions the future participation of youths in the labor market, ECLAC suggests investing in education and labor training. Among other things, governments can broaden preschool registration and coverage, extend school hours for elementary education and increase transfer programs conditioned to high school attendance.

The panels at the Forum addressed issues such as preparing youths for the labor markets of the future; the impact of the crisis on employment opportunities for youths; education, innovation and technology for sustainable development and social inclusion; and youth employment policies and actions to promote it in Latin America and the Caribbean and the European Union.

The conclusions and recommendations of the forum will be delivered to the heads of state and government that will gather for the VI LAC-EU Summit to take place in Madrid on May 18 this year under the theme "Innovation and Technology for Sustainable Development and Social Inclusion."



Also in this section:
Martinelli's free broadband WiFi access program behind
Cuban eye surgeons leave, government that threw them out complains
Martinelli's tax reforms gradually revealed: flatter, but not so flat
Oregon votes for progressive taxes
A young regional underclass trapped for life
The Panama News download figures
Railroad mirrors canal's woes


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