It will stay relevant for years, no one wants to take responsibility. However employment is limited to economic growth and there is an issue that growth isn't possible up to the level of population growth. In the current system, employers will find the talent but those who cant catch up will be left behind. I think the current economic practice world wide is extremely flawed yet no one bother to take notice.
Love this narrative, we all have a role to play in ensuring our youth are given a fair chance at succeeding - education in institutions alone is not enough, corporates have a massive role to play
Been looking for a job for two years now, have bechalor's degree in accounting and I've been looking for a job in all vocations I feel qualified for... 360 applications deep (and thats only those I can track) and still no luck. Employers demand years of working experience even for junior positions and don't even bother opening entry level positions here in South Moravia... Where, for crying out loud, am I supposed to earn relevant experience? When will the employers realise, that they have to teach their employees the skills they want their staff to have? Every organisation is different, unique even, so school system literarly can't prepare young people for a particular position in a company! The only organisation, that can change what they teach fast enough is the employer, because he is working with that live process and/or technology, he has primary data regarding his needs, not schools and definitely not government... But sure, why not to save some money and screw up entire generation in the process.. right employers?
@@saraf5414 Worked as an accountant for 11 months for less than minimum wage. 1089 applications deep and no reputable employer would invite me for a sit down... Job hunting is a joke.
The guy she used on the second example, Mark, who wanted the mechatronics expert fresh out of college, is on a wild goose chase, I´m sorry to say. Expecting to find someone with such a precise set of highly qualified and interdisciplinary skills, who is also a problem solver, troubleshooter, who works effectively in teams AND, again, is fresh out college is like searching for a freaking unicorn. If I've learned anything when I was employed was that effective problem solving and anticipating troubles that may come ahead relies mainly on experience. You can't have your cake and eat it too.
Exactly! These employers who are expecting fresh graduates to have these skills know very well that this is not an 'entry-level' job. If they're not willing to train or educate these graduates on the job for a few months or years, they obviously will have to resort to this guy's tactic of poaching off competitors because his expectations are just unrealistic. Mechatronics is only now becoming a popular education choice, before that people would specialize in mechanical or electronics engineering and master into robotics or work independently before being considered as a mechatronics engineer.
So true, but most companies are not willing to train recent graduates because guess what! There are many people who have years of work experience who are unemployed. So companies would rather pick someone who has the experience already because that means less resources and time would be channelled to train that person. Leaving recent graduates with no opportunity to gain skillful expérience. I have heard quite a number of people and say that graduates should take it upon themselves to acquire the skills they need, but you think of it, most of the jobs, one would need to work for someone for sometime to gain that experience.
The real picture of global youth unemployment is much more gloomy than global gov admit. The problem is so bad that countries like India, Nigeria, Egypt, etc.. are going to have lost generations...
1. Yesmin(24 years old above average in academics) 👉 She went through university doing an Economics degree blindly 'using the path of least resistance' having not asked questions like how relevant what impact my course can be to employers. She applies to different opportunities and her skills don't fit the roles on demand. 2. Mark(Hr manufacturing company) 👉Needs a mechatronics professional not offered by many Universities 'asks universities to add it to the curriculum, they are contented with what they already offer', he then resorts to poaching talent from competitors. 3. Eduardo (senior university administrator in Mexico) 👉 Wants students to graduate & get good jobs but also contribute to society in their areas of interest. They need to maintain University traditions much as employers tell him the student's interests might not be in line with the employer's needs. The above process continues, on and on in different nations with youth feeling education is irrelevant much as it takes all their money & employers are not pleased with having to retrain talent. This is so-far among the best, if not the best videos that explains youth unemployment to the core. Gracious
In Canada we have schools where you learn practical skills designed by employers. It’s called a COLLEGE DIPLOMA! But guess what, most employers still want a “4-year university degree” and put that on the job requirement. My colleagues assume I have a masters degree because most of our new hires have one. I will get a masters in a few years because the fear of unemployment is always looming over me.
Two words, "MORE INTERNSHIPS" That is the link between the educational system and the workplace. If enterprises offered more training facilities via professional internships for post-graduates and beyond, I think that will go a long way to reconnect the job-skill mismatches.
@@FadeHook23 Exactly.... it's even impossible to find an internship in the current job market because of underemployment and people applying like insane to everything.
A Solution for Unemployment, Economic crisis And Trade war...... Our world is traveling through a period like serious issue of unemployment, economic crisis and trade wars. Presently major part of the products using by the common people are made from a country. This allows a certain country to become rich, and the peoples in other countries cannot find jobs in their country. I am very much curious to find a solution for this problem. This issue increase the number of unemployed peoples in all other countries. A certain country becomes as the world's production house. It is not acceptable, we must have to divide production to every country or we have to find a solution to getting opportunity to the other countries to produce and market their products. I think that I can suggest the best idea to avoid the Unemployment, Economic crisis and Trade wars. Every country has to get market for their products at least in their country. Now a days we can see that a certain countries products are available all over the world and we can say that they are the production house of world. This situation must have to change. Each countries must have to take action against this to secure their market at least for their own products. To control these products in any countries market, they just have to realize the the promotion of these products. So we must have to realize that how they are promoting their products successfully. We can see that they are promoting their products psychologically (low price). The price difference between the same product of any other country (low price) make a tendency to attract the people. So first we have to find a solution to control this mode of promotion. To control this, one can fix a minimum price for each product in their country. Ie. Imported products price must not be less than the price of home country products. If you are selling a ball pen in a supermarket, there should be home countries products and imported product, the price will not less than the home country products. Equality of price will make the people to think, and they will chose the right one. Also one who is looking for a particular brand, they will choose it only. They don't care about the price. This situation will allow the products of every countries to find market. It will allow the products to maintain the quality. Once every countries have the opportunity to perform a competitive market, it will allow to increase the production in every land. So that naturally it will increases the employment rate. It will adjust the equilibrium of unemployed people in every country. I think this is the only way to adjust the equilibrium of world economy.
...& You won't have anyone to defend you as you age! You will constantly hear your peers talking about their children,BOASTING about them...One of life's lessons is to live with FAITH !
Maybe employers need to stop being so lazy and train the people they need. And if they can't fill a position maybe you need to offer more of an incentive. Corporations are now much more entitled.
Europe need a new economy system that are based on humanism and not economic theories and ideologies. They need to create a new system that prioritizes the well-being and fulfillment of individuals rather than solely focusing on profit and growth.
wow that was really a talk about a real fact of life and unemployment of the people i wnat that girl to give a speech about other motivation and real facts
with all respect, just before this, I was watching a lecture on TedX by a professor in NJ, stating that long-term employment is not the cause of lack of skills or education or experience, but a major factor is HIDDEN job posts which are 80%. those are defined as not posted!, already filled!, or gotten by networking and narrow relationships!. universities are originally places of knowledge not technical training or tailoring factory for employers. how can an employer accuse a fresher of being a fresher!? total nonsense. The major issue is the violent capitalism of greedy enterprises and employers who want to maximize profit by less employees and downsizing, regardless of any responsibility or understanding how they ruin their revenues doing so.
It's supply and demand or Adam Smith's "magic hand". There is only so many jobs; there are only so many goods; their are only so much resources that can be distributed equally. What is needed is new ideas on how to do things to develop new products to deliver to markets. 1% inspiration and 99% perspiration and hard work! eg. New types of electric cars, new types of rockets, new types of food, new types of energy, new types of houses etc and scale them up through Ford's automation system. At one point in time there was one really expensive light bulb till everybody thought they need light bulbs to replace candles. It takes time and effort for an idea to be realised into existence into the universe!
Ok but if they require you to have certain level of skills for 'entry level' jobs, then it's not truly entry level. Back when these boomers who post these jobs got into the market, they would actually *train* the new employees, which seems to be a concept that has been lost in the current job market. No wonder employees are underemployed - they don't get enough adequate support from their corporations so they can pay them less under the pretense that they're 'not qualified enough' despite being overqualified.
I have more than 7 years experience in logistics and I applied for 1000s of jobs in past 2 months of unemployment , I completely lost hope and having suicidal thoughts
12:59 apparently the youth should pick a job, a true career prospect, secure it and _then_ get an education that suits our needs This would require, of course, a secure and stable work spot until the person completes their studies. Until then, the market may change greatly... I can see where she's coming from. My father followed this path, back in the '70, '80, when there was an economic growth. Particularly, I was promised that extremely specialised knowledge would grant me the outcome of my efforts. Long term goals. I guess in the end, we're left to work simpler jobs (underemployment) and self studying (intersectional skills and soft skills) until an opportunity presents itself...
but lets say everyone in world is highly educated. still there will be unemployment right. unless we all are authorised to print currency notes which are valid.
Unemployment can be hard to provide for yourself and your family but maybe if you stop wasting time complaining about everything on social media and start writing a CV, applying for job offers maybe your chances of getting a job will be higher.
![30 ชั่วโมงคนเดียว บนรถไฟชั้น 3 โซเวียต [Around The World Ep. 2]](http://i.ytimg.com/vi/MlE9boAVqDA/mqdefault.jpg)
It's sad that this is STILL relevant 7 years later....
It will stay relevant for years, no one wants to take responsibility. However employment is limited to economic growth and there is an issue that growth isn't possible up to the level of population growth. In the current system, employers will find the talent but those who cant catch up will be left behind. I think the current economic practice world wide is extremely flawed yet no one bother to take notice.
It is still relevant up to 10 years :( , and sure somebody will reply to this after a few years, vaildating once again!
Love this narrative, we all have a role to play in ensuring our youth are given a fair chance at succeeding - education in institutions alone is not enough, corporates have a massive role to play
This is a must watch video. I admired all what she said. Well done . 👏
Been looking for a job for two years now, have bechalor's degree in accounting and I've been looking for a job in all vocations I feel qualified for... 360 applications deep (and thats only those I can track) and still no luck. Employers demand years of working experience even for junior positions and don't even bother opening entry level positions here in South Moravia... Where, for crying out loud, am I supposed to earn relevant experience? When will the employers realise, that they have to teach their employees the skills they want their staff to have? Every organisation is different, unique even, so school system literarly can't prepare young people for a particular position in a company! The only organisation, that can change what they teach fast enough is the employer, because he is working with that live process and/or technology, he has primary data regarding his needs, not schools and definitely not government... But sure, why not to save some money and screw up entire generation in the process.. right employers?
hey just came across your comment and was wondering if you got the job.
@@saraf5414 Worked as an accountant for 11 months for less than minimum wage. 1089 applications deep and no reputable employer would invite me for a sit down... Job hunting is a joke.
@@looseycanon still nothing?
@@bds3362-r8r As of July the first, yes, I finally have a job... After another two years of unemployment and 1421 sent out CVs.
@@looseycanon jesus christ
one of the best videos, clearly describing the global economic situation in the organisation
The guy she used on the second example, Mark, who wanted the mechatronics expert fresh out of college, is on a wild goose chase, I´m sorry to say. Expecting to find someone with such a precise set of highly qualified and interdisciplinary skills, who is also a problem solver, troubleshooter, who works effectively in teams AND, again, is fresh out college is like searching for a freaking unicorn. If I've learned anything when I was employed was that effective problem solving and anticipating troubles that may come ahead relies mainly on experience. You can't have your cake and eat it too.
Exactly! These employers who are expecting fresh graduates to have these skills know very well that this is not an 'entry-level' job. If they're not willing to train or educate these graduates on the job for a few months or years, they obviously will have to resort to this guy's tactic of poaching off competitors because his expectations are just unrealistic. Mechatronics is only now becoming a popular education choice, before that people would specialize in mechanical or electronics engineering and master into robotics or work independently before being considered as a mechatronics engineer.
So true, but most companies are not willing to train recent graduates because guess what! There are many people who have years of work experience who are unemployed. So companies would rather pick someone who has the experience already because that means less resources and time would be channelled to train that person. Leaving recent graduates with no opportunity to gain skillful expérience. I have heard quite a number of people and say that graduates should take it upon themselves to acquire the skills they need, but you think of it, most of the jobs, one would need to work for someone for sometime to gain that experience.
I absolutely admired you. Coz, you're indeed right
The real picture of global youth unemployment is much more gloomy than global gov admit. The problem is so bad that countries like India, Nigeria, Egypt, etc.. are going to have lost generations...
Wow!🙇😔
So let's talk about solutions. I am quite intrested in solving this problem. Can youth unemployment ve solved without government intervention ?
1. Yesmin(24 years old above average in academics) 👉 She went through university doing an Economics degree blindly 'using the path of least resistance' having not asked questions like how relevant what impact my course can be to employers.
She applies to different opportunities and her skills don't fit the roles on demand.
2. Mark(Hr manufacturing company) 👉Needs a mechatronics professional not offered by many Universities 'asks universities to add it to the curriculum, they are contented with what they already offer', he then resorts to poaching talent from competitors.
3. Eduardo (senior university administrator in Mexico) 👉 Wants students to graduate & get good jobs but also contribute to society in their areas of interest. They need to maintain University traditions much as employers tell him the student's interests might not be in line with the employer's needs.
The above process continues, on and on in different nations with youth feeling education is irrelevant much as it takes all their money & employers are not pleased with having to retrain talent.
This is so-far among the best, if not the best videos that explains youth unemployment to the core.
Gracious
In Canada we have schools where you learn practical skills designed by employers. It’s called a COLLEGE DIPLOMA! But guess what, most employers still want a “4-year university degree” and put that on the job requirement. My colleagues assume I have a masters degree because most of our new hires have one. I will get a masters in a few years because the fear of unemployment is always looming over me.
Two words, "MORE INTERNSHIPS"
That is the link between the educational system and the workplace. If enterprises offered more training facilities via professional internships for post-graduates and beyond, I think that will go a long way to reconnect the job-skill mismatches.
Internships require work experience
@@FadeHook23 Exactly.... it's even impossible to find an internship in the current job market because of underemployment and people applying like insane to everything.
Insightful & Relevant Talk!👏👍💪🙏
A Solution for Unemployment, Economic crisis And Trade war......
Our world is traveling through a period like serious issue of unemployment, economic crisis and trade wars. Presently major part of the products using by the common people are made from a country. This allows a certain country to become rich, and the peoples in other countries cannot find jobs in their country. I am very much curious to find a solution for this problem. This issue increase the number of unemployed peoples in all other countries. A certain country becomes as the world's production house. It is not acceptable, we must have to divide production to every country or we have to find a solution to getting opportunity to the other countries to produce and market their products. I think that I can suggest the best idea to avoid the Unemployment, Economic crisis and Trade wars. Every country has to get market for their products at least in their country. Now a days we can see that a certain countries products are available all over the world and we can say that they are the production house of world. This situation must have to change. Each countries must have to take action against this to secure their market at least for their own products. To control these products in any countries market, they just have to realize the the promotion of these products. So we must have to realize that how they are promoting their products successfully. We can see that they are promoting their products psychologically (low price). The price difference between the same product of any other country (low price) make a tendency to attract the people. So first we have to find a solution to control this mode of promotion. To control this, one can fix a minimum price for each product in their country. Ie. Imported products price must not be less than the price of home country products. If you are selling a ball pen in a supermarket, there should be home countries products and imported product, the price will not less than the home country products. Equality of price will make the people to think, and they will chose the right one. Also one who is looking for a particular brand, they will choose it only. They don't care about the price. This situation will allow the products of every countries to find market. It will allow the products to maintain the quality. Once every countries have the opportunity to perform a competitive market, it will allow to increase the production in every land. So that naturally it will increases the employment rate. It will adjust the equilibrium of unemployed people in every country. I think this is the only way to adjust the equilibrium of world economy.
Wonderful insights! Thank you miss
thank you so much
I'm not having kids. The job market is going to get worse
...& You won't have anyone to defend you as you age! You will constantly hear your peers talking about their children,BOASTING about them...One of life's lessons is to live with FAITH !
@@NoName-pc7et that's pretty selfish of u
This is literally true now and becomming worse in india today in 2019, people are struglling with jobs
wow this is a good speech
Maybe employers need to stop being so lazy and train the people they need. And if they can't fill a position maybe you need to offer more of an incentive. Corporations are now much more entitled.
Excellent solution!...these Elitist employers should read this!
Europe need a new economy system that are based on humanism and not economic theories and ideologies. They need to create a new system that prioritizes the well-being and fulfillment of individuals rather than solely focusing on profit and growth.
One of the best tedx talks
wow that was really a talk about a real fact of life and unemployment of the people i wnat that girl to give a speech about other motivation and real facts
I love this.
Very good 👍
with all respect, just before this, I was watching a lecture on TedX by a professor in NJ, stating that long-term employment is not the cause of lack of skills or education or experience, but a major factor is HIDDEN job posts which are 80%. those are defined as not posted!, already filled!, or gotten by networking and narrow relationships!. universities are originally places of knowledge not technical training or tailoring factory for employers. how can an employer accuse a fresher of being a fresher!? total nonsense. The major issue is the violent capitalism of greedy enterprises and employers who want to maximize profit by less employees and downsizing, regardless of any responsibility or understanding how they ruin their revenues doing so.
It's supply and demand or Adam Smith's "magic hand". There is only so many jobs; there are only so many goods; their are only so much resources that can be distributed equally. What is needed is new ideas on how to do things to develop new products to deliver to markets. 1% inspiration and 99% perspiration and hard work! eg. New types of electric cars, new types of rockets, new types of food, new types of energy, new types of houses etc and scale them up through Ford's automation system. At one point in time there was one really expensive light bulb till everybody thought they need light bulbs to replace candles. It takes time and effort for an idea to be realised into existence into the universe!
Unintentionally, though it is the matter of fact, one thing you have indicated that highest marks/percentage is the proof of hard working.
You have no idea what you are talking about it's like you're watching another video
jeay sindhu, Good point.
Chance has come to world youth. Act now.
Hi ganeshan
Ok but if they require you to have certain level of skills for 'entry level' jobs, then it's not truly entry level. Back when these boomers who post these jobs got into the market, they would actually *train* the new employees, which seems to be a concept that has been lost in the current job market. No wonder employees are underemployed - they don't get enough adequate support from their corporations so they can pay them less under the pretense that they're 'not qualified enough' despite being overqualified.
Good speech
I have more than 7 years experience in logistics and I applied for 1000s of jobs in past 2 months of unemployment , I completely lost hope and having suicidal thoughts
somebody say unemployment rate is xy% other say it is yx%
BS
just see how many taxes are payed from paychecks and you will get real number
But that accounts for formal sector, many are employed in the informal sector
I don't know if it is because I don't understand everything in english, but did she gave some solution for the problem of Yasmin?
12:59 apparently the youth should pick a job, a true career prospect, secure it and _then_ get an education that suits our needs
This would require, of course, a secure and stable work spot until the person completes their studies. Until then, the market may change greatly...
I can see where she's coming from. My father followed this path, back in the '70, '80, when there was an economic growth.
Particularly, I was promised that extremely specialised knowledge would grant me the outcome of my efforts. Long term goals.
I guess in the end, we're left to work simpler jobs (underemployment) and self studying (intersectional skills and soft skills) until an opportunity presents itself...
good job
True
Good speech and interesting insights, but please cut on the emotional fluff (father under streetlight, etc.).
I found 1 Smart Woman
Wow
but lets say everyone in world is highly educated. still there will be unemployment right. unless we all are authorised to print currency notes which are valid.
Well we have a deficit future and 5 years Later we probaly have compete with robot just to have low Paid job
Unemployment can be hard to provide for yourself and your family but maybe if you stop wasting time complaining about everything on social media and start writing a CV, applying for job offers maybe your chances of getting a job will be higher.
If the goverment take thinker people like you no one will be in street without jops
B
Ry
Y🐻😃🍝🍇