In a recent article from BloombergBusiness, we get a very sobering view on what the job outlook is like for young people around the globe.

Here are some draw dropping facts:

• People aged 15-29 are twice as likely to be unemployed as adults, ACROSS REGIONS OR CONTINENTS
• The world will need to create 600 million (yes, million) new jobs just so the situation doesn’t get worse
• The youth unemployment rate is projected to be 13.1% in 2015 compared to just 4.5% for adults

So why are we seeing such staggering numbers of unemployed youths?  Employers are citing that the necessary skills to engage in everyday business are not being developed.  Again this is GLOBAL problem.

There are many reasons why this is a very real concern for all governments and this article summarizes the most dire,

“Social costs are ever mounting as well,” the report said, citing youth-led uprisings in many Arab countries and the rise of economic insurgency and youth extremism. “What we see is a generation in economic crisis.”

Along with climate change and water rights issues, the global youth unemployment crisis should be a priority for policy makers.