Youth Unemployment Highest in the World

South Africa has the third highest unemployment rate in the world for people between the ages of 15 to 24, according to the WEF report

According to the World Economic Forum (WEF) Global Risk 2014 report, South Africa has the third highest unemployment rate in the world for people between the ages of 15 to 24.
 
The report, which estimates that more than 50 percent of young South Africans between 15 and 24 are unemployed, found that only Greece and Spain have higher unemployment in this age range than South Africa.
 
"At the same time the rising cost of higher education has left a generation with unpayable debt and little chance of finding a job," it states.
 
To read the article titled, “SA youth unemployment 3rd highest in world,” click here.

Source: 
Fin 24

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