Today, just looking at population statistics makes it clear that prioritizing investment in the world's young people bears incredible potential for broad and meaningful impact. And actually listening to youth priorities and understanding their perspective means that businesses and governments can move forward in ways that engage youth and address real needs and opportunities.
To remain competitive, companies need strategies to attract, retain, and connect with millennials.
Strong new evidence underscores the necessity of increasing investment in youth economic opportunity. The recently released International Labour Organization (ILO) World Employment and Social Outlook for Youth 2016 report shows youth unemployment on the rise. According to the ILO, a lower than expected global growth rate, the lowest in developing countries in more than a decade, will leave an addition half million young people unemployed. The report points out that at least four United Nations Sustainable Development Goals will be reached much more easily if young people are employed in stable jobs.