Mc Kinsey report highlights some of the problems behind youth unemployment

“In Europe, 74 percent of education providers were confident that their graduates were prepared for work, but only 38 percent of youth and 35 percent of employers agreed” states the Mc Kinsey report, which was released Mid-January 2014. This statement, based on a meticulous research carried out toward 5,300 youth, 2,600 employers, and 700 post-secondary education providers across 8 countries, brings to light the difference of perspectives and the lack of clear understanding among Education providers on the reality of the situation for young people willing to enter the job market.

This research reminds us that apart from the lack of job offers, another key issue is the existing skills mismatch between what Education providers are providing and the actual needs of the companies. These and other factors ended up in 5.6 million young people being unemployed in Europe.

AEGEE-Europe is worried to see that the situation for young people is still blocked and leaves so many young job seekers really unmotivated, desperate to find a job that not only enables them to pay their rent, but also fulfills their expectations. On that matter, we can only keep on calling Higher Education institutions to rethink their learning models and to cooperate further with companies in order to understand, and then translate in their programs, the skills that are being asked for on the job market.

AEGEE-Europe also wants to stress the crucial role of Non-Formal Education players in that field, since skills considered as crucial from employers, such as “spoken communication and work ethic” to quote the Mc Kinsey’s report, are exactly those that volunteers in youth organisations get to experience and develop. Moreover, not only do Youth Organisations provide soft skills needed by the job market, but they give also valuable work experience, which often job applicants lack. For this reason, AEGEE-Europe can only repeat the need for volunteers’ engagement and experiences to be recognised by key players, such as Educational centres (with ECTS compensations), Employers (by taking seriously into account volunteers’ experience) and public institutions (through validation of Non-Formal Education competences).

2 Responses to Mc Kinsey report highlights some of the problems behind youth unemployment »»

  1. P.S: this would be nice if the password/validation was not only in a graphic for people like myself who use a screen reader.

  2. Comment by Olimpia | 2014/03/17 at 17:57:42

    You can download the full report from here: http://mckinseyonsociety.com/education-to-employment/europe-report/

    Plus a more globally focused one from here if you are interested:
    http://mckinseyonsociety.com/education-to-employment/report/


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