Global Youth Unemployment at a 15-Year Low, ILO Report 2024
As of 2023, the global youth unemployment rate stands at 13%, which is the lowest since the year 2008. This figure shows a drop from the pre-pandemic unemployment rate of 13.8% in 2019. The ILO report forecasts that the unemployment rate will continue to decline reaching 12.8% by the end of 2024.