Help young jobseekers escape unemployment trap, urges OECD

Investment in high-quality training is crucial to help youths avoid chronic long-term unemployment, says OECD

Younger workers struggling to find jobs after the financial crisis risk a lifetime trapped at the bottom of the economic ladder unless governments move swiftly to improve their skills and boost investment, according to the Organisation for Economic Cooperation and Development (OECD).

The Paris-based organisation said the global jobs recovery was slowly gathering pace, but long-term unemployment remained a headache for many countries, especially in Europe. More than one in three jobseekers in the 34 OECD countries have been out of work for 12 months or more, equivalent to 15.7m people.

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