User:Lucaslayton/sandbox

A lack of innovation (Lucas Layton)
The economic crisis has led to a global decrease in competitiveness. "There is a risk of loss of talent and skills since a great amount of university graduates are unable to find a job and to put their knowledge and capabilities into producing innovation and contributing to economic growth". Excluding young people from the labor market means lacking the divergent thinking, creativity and innovation that they naturally offer. This fresh thinking is necessary for employers to foster new designs and innovative ideas. Fighting youth unemployment is therefore key to maintaining the economic performance of a country. According to a study released by the Pew Research Center, 30% of Millennial men between the ages of 18 and 33 have no job. Approximately 8% of these men are unemployed and 22% are not in the workforce. Over 50% of Millennial men are not currently working, so there are available jobs in the world waiting to be claimed. In a recent Deloitte study, Millennials and baby boomers have different definitions of diversity and inclusion. Non-millennial generations often do not see diversity and inclusion as completely different concepts. These generations focus on both simultaneously in one effort. Non-millennial generations are 21% more likely to focus on representation. They tend to wrongly focus on things such as religion and demographics when employing their programs. This makes them more focused on numbers and specific goals, so they do not have the same potential as millennials who tend to show more creativity in their choices which make employers lose the possible creativity millennials bring to the workforce. Millennials are starting to compromise the majority of the workforce, so without their presence due to unemployment, the labor force will be decreased and will statistically be less creative. With population levels rising, it is important to create better technology to be able to support the numbers we will have.

Assistance and Dependency (Rohan Ramavajjala)
Many countries around the world provide income assistance to support unemployed youth until labour market and economic conditions improve.[14] Although this support is strictly related to obligations in terms of active job search and training, it has led to an emerging debate on whether or not it creates dependency among the youth and has a detrimental effect on them.[15] In September 2014, David Cameron announced that he would cut housing and employment benefits for 18- to 21-year-olds by £3,000 to £23,000[16] to reduce dependency on government assistance and redirect funding to targeted programs for increased learning and training opportunities.Youth generations will gradually increase their reliance on government assistance and begin to refuse work due to incompetency and laziness. Studies indicate that the amount of countries that have unemployment programs aimed at the youth labor force has grown in recent years.

A lost generation (Javier Avila)
Unemployed youth has been called "a lost generation": not only because of productivity lose but also because of the long-term direct and indirect impact unemployment has on young people and their families. Unemployment has been said to affect earnings for about 20 years. Because they aren't able to build up skills or experience during their first years in the workforce, unemployed youth see a decrease in lifetime earnings when compared to those who had steady work or those who were unemployed as an adult. A lower salary can persist for 20 years following the unemployed period before the individual begins earning competitively to their peers. Widespread youth unemployment also leads to a socially excluded generation at great risk for poverty. For example, Spain saw an 18% increase in income inequality.

The lost generation effect impacts also their families. Youth in many countries now live with their parents into their late twenties. This contributes to what is called the "full-nest syndrome". This ads to stresses in the family of this youth. In 2008, 46% of 18- to 34-year-olds in the European Union lived with at least one parent; in most countries the stay-at-homes were more likely to be unemployed than those who had moved out. In families, it is common that when one person becomes unemployed, other members of the family begin looking for or securing employment. This is called the added worker effect. This can sometimes take the form of employment in the informal sector when necessary. Alongside the shift in youth living situations, the impact of returning to live with parents as well as difficulty finding a fulfilling job lead to mental health risks. Being unemployed for a long period of time in youth has been correlated to decreased happiness, job satisfaction and other mental health issues. Unemployed youth also report more isolation from their community. Youth who are neither working nor studying do not have the opportunity to learn and improve their skills. They are progressively marginalised from the labor market and in turn can develop an anti-social behavior. The youth then ends up growing up to be individuals without the abilities to keep up with the ever changing world.

Assistance to youth in the transition to the world of work (Landon Rogers)
A number of studies have shown that young people are not sufficiently advised on work related opportunities, necessary skills, and career pathways. Before they leave education, it appears critical that they have access to this information to be better prepared for what to expect and what is expected of them. Good quality career guidance along with labour market prospects should help young people make better career choices. Too many young people choose to study a field that leads to little if no jobs. Governments, employers and trainers should work together to provide clearer pathways to youth. Similarly, programmes should be developed to better transition young people to the world of work. Here, vocational education and apprenticeship systems have shown that practice and on-the-job training had a positive effect. In todays busy world many young people are forced to pick a career early on and spend their higher education chasing it through internships and high level classes. This leaves little chance to weigh your options and decide on a potentially different career. John Krumboltz, a professor at Stanford University, believes that young people and society as a whole get one main idea wrong when it comes to deciding on a career. This is is the idea that career decisions come naturally. He believes that because our career decides our entire adult life, we should carefully weigh our options and choose confidently. He also speaks about occupationism very confidently. Occupationism is the form of how society judges an individual based on their career. This may prevent someone form choosing a career that might be right for them just because of the mocking society may make of them.