Ecuador is grappling with a severe youth unemployment crisis, as eight out of ten young Ecuadorians find it challenging to secure formal employment. This alarming statistic comes from a joint study conducted by non-profit group Children International and Empleo Joven Ecuador.
The situation in Ecuador mirrors a broader trend across Latin America. The latest report from the International Labour Organization highlights increasing informality, widening gender gaps, and growing job insecurity for young workers throughout the region. These issues are contributing to a precarious economic future for many young individuals.
Nicolas Suarez provides an in-depth analysis of the situation from Quito, shedding light on the factors exacerbating youth unemployment and exploring potential solutions to address this pressing issue.
Reference(s):
cgtn.com
