The Asian Development Bank and the International Labour Organization today launched a joint publication, Tackling the Covid-19 Youth Employment Crisis in Asia and the Pacific, which assesses the damaging impacts of the Covid-19 pandemic on youth employment in the region and recommends critical policy responses.
The report finds that the employment prospects of the region’s 660 million young people are severely challenged. They will be hit harder than adults and risk bearing higher longer-term economic and social costs.
The report urges governments to engage with young people in policy and social dialogue and to adopt urgent, large-scale, and targeted interventions. These need to focus on labour market policies such as youth-targeted wage subsidies and public employment programmes, and measures to mitigate disruptions to education and training.
You may download the full report through the following link.
The key messages of the report are on page vi while the overview of the report is on page vii.
Micheline R. Millar
Department of Communications
Asian Development Bank
Tel (632) 632-4541