YOUTH UNEMPLOYMENT IN UKRAINE AND ITS CONSEQUENCES

Hanna ShevchenkoIE-10-01

STRUCTURE

- Youth unemployment and causes of this problem.

- Consequences of youth unemployment.- Possible solutions to this problem in Ukraine.

Conclusion

IntroductionMain body

Youth unemployment is some form of unemployment associated with the period from leaving school to inclusion in the workforce.

Unemployed young people are a special social group which does not have such values as a job associated with its prestige, wealth and general recognition at certain time.

Youth Unemployment and Causes of This Problem

21,126,2

7,7

55,7

37,838,2

58,4

30,8Great Britain

France

Germany

Spain

Italy

Portugal

Greece

Ireland

Youth Unemployment in Europe

February 2013

13,8

17,6

10,2

20,720,4

15,9

22,2

10,2

Great Britain

France

Germany

Spain

Italy

Portugal

Greece

Ireland

2008

According to sociological surveys in recent years Ukraine has faced such problems of employment as:• the reducing number of employees in the country,

• growth of labor mobility, • increasing number of employees in the shadow sector etc.

Youth Unemployment in Ukraine

23,8

21,420,4

18,2

16,618

17,116,2 15,8 16

18,717,6 17,9

18,6

0

5

10

15

20

25

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

%

Consequences of Youth Unemployment

1. It is accompanied by

poverty, significant

deterioration of population's

living standards.

2. The inability to find a job in the homeland makes youth look for the one abroad, which leads to the outflow of labor force and brain drain.

3. Unemployment leads to the aggravation of the crime situation because people have no other way to get money.

4. Youth unemployment is particularly alarming because young people are the future of the country.

Knowing about mass unemployment, young people stop taking education seriously, so it is rather difficult to find an expert. It shouldn’t be overlooked that most crimes are often committed by youth.

Possible Solutions to This Problem in Ukraine

The following measures could reduce unemployment among young people aged 15

to 24:

to develop and adopt a special Law which would involve extensive use of flexible working time and fix the conditions of temporary and seasonal contracts

to provide

the special projects

for financing

active measures

to promote

youth employme

nt

to develop and implement an effective mechanism for

financial and other support to enterprises, institutions and organizations participating in

the program on youth employment.

It is quite possible that such measures will not only have a

positive impact on the unemployment rate in the

country but also subsequently the economic level of

development as a whole.

Youth unemployment today is not only a problem of Ukraine, it has reached a global level, and requires immediate action in our

country and in others. An effective solution to the problem of youth unemployment will give impetus to the development of the national

economy, contribute to the formation of Ukraine as a stable, developed and

prosperous nation.

Conclusion