Employers’ Contribution to Tackling Youth Unemployment

Abstract

For many global organizations the recession is history and all effort is focused on growth and new investments. Yet as the economy recovers, the C-levels of these organizations are left to realize the workforce has changed and therefore their recruitment and retention strategies require systematic rethinking. In addition the youth unemployment crisis leaves a large proportion of the future workforce without a job, scarring them for life. Therefore, employers must not close their eyes to what is happening to their prospective future employees.

While policymakers have a role to play in pushing forward reforms to strengthen the economy and foster job creation, the private sector is Europe’s largest employer and its contribution is essential to help solving the issue.

Laurent Freixe, Nestlé