Ecuador is grappling with a severe youth unemployment crisis, with eight out of ten young Ecuadorians struggling to secure formal employment. This alarming statistic stems from a joint study conducted by non-profit group Children International and Empleo Joven Ecuador.
The challenges faced by Ecuadorian youth are not isolated. They reflect a broader trend across Latin America, as highlighted by the latest report from the International Labour Organization. The report warns of increasing informality in the job market, widening gender gaps, and heightened job insecurity for young workers throughout the region.
Addressing this crisis requires concerted efforts from both government and private sectors to create more opportunities and ensure equitable access to stable employment for the younger population.
Reference(s):
cgtn.com
