solutions for youth unemployment

Post on 16-Sep-2014

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A series of demographic, technological and economic transformations are reshaping labour markets on a global basis. From the entry of billions of new skilled individuals into the global workforce to the acceleration of artificial intelligence and automation, these transformations have been tough on mature economies and especially young people. At the same time, the dynamics of job creation have changed in a profound way. Large multinational companies and government are important employers, but they are not the primary engines of new job creation. The primary job creators are entrepreneurial firms on a growth trajectory – which are responsible for at least 80% of new jobs. We’ve seen a significant rise in self-employment, freelancing and entrepreneurship and thankfully there are powerful new tools to help entrepreneurs be successful. Entrepreneurship alone, however, is not a complete solution. There is a significant segment of the population of young people that do not have the skills, nor the tools required to succeed in a more entrepreneurial economy. We need new approaches to skills training and new networks to support entrepreneurial activity. The first priority is to build networks that can bring the right combination of skills and resources together to solve some of underlying challenges associated with youth unemployment. We need a less fragmented and collaborative approach, one that draws on the strengths of each sector – one where resources are shared and where various actors from across disciplines and sectors contribute complementary assets, perspectives and skills.

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The Centre for Digital Entrepreneurship and Economic Performance

Tackling Youth Unemployment:Challenges, Opportunities and Solutions

Anthony D. WilliamsPresidentCentre for Digital Entrepreneurship & Economic Performance

The Centre for Digital Entrepreneurship and Economic Performance

1. Challenges2. Opportunities3. Solutions

The Centre for Digital Entrepreneurship and Economic Performance

Rapid global change creates tough new employment realities

The Centre for Digital Entrepreneurship and Economic Performance

Less developed countriesMore developed countries

Demographics are shifting the center of economic gravity

The Centre for Digital Entrepreneurship and Economic Performance

Emerging markets are now major sources of high-end talent

The Centre for Digital Entrepreneurship and Economic Performance

Capital is migrating to high-growth regions

The Centre for Digital Entrepreneurship and Economic Performance

Not just a recession – a turning point in history

The Centre for Digital Entrepreneurship and Economic Performance

Drowning in unsustainable debt

The Centre for Digital Entrepreneurship and Economic Performance

The jobless decade and a generation on the brink

The Centre for Digital Entrepreneurship and Economic Performance

World-changing technologies foster disruption & innovation

The Centre for Digital Entrepreneurship and Economic Performance

Foxconn’s one million robots

The Centre for Digital Entrepreneurship and Economic Performance

Flextronics builds solar panels with 1/10th the labour

The Centre for Digital Entrepreneurship and Economic Performance

Amazon’s delivery drones and Google’s self-driving cars

The Centre for Digital Entrepreneurship and Economic Performance

Automated warehouses, driverless forklifts, self checkouts

The Centre for Digital Entrepreneurship and Economic Performance

A secular shift in employment

Brawn Brains

The Centre for Digital Entrepreneurship and Economic Performance

The polarization of services employment

The Centre for Digital Entrepreneurship and Economic Performance

Artificial intelligence: beware white collar workers

The Centre for Digital Entrepreneurship and Economic Performance

Wall St. vs. Warren: A.I. that analyzes financial markets

The Centre for Digital Entrepreneurship and Economic Performance

CNN vs. Narrative Science: A.I. that writes and reports the news

The Centre for Digital Entrepreneurship and Economic Performance

House vs. Watson: A.I. that diagnoses patient conditions

The Centre for Digital Entrepreneurship and Economic Performance

A.I. that can deliver a TED talk . . . and get a standing ovation

The Centre for Digital Entrepreneurship and Economic Performance

Uncertain implications for labour markets and employment

The Centre for Digital Entrepreneurship and Economic Performance

1. Challenges2. Opportunities3. Solutions

The Centre for Digital Entrepreneurship and Economic Performance

Digital entrepreneurialism and micro-multinationals

The Centre for Digital Entrepreneurship and Economic Performance

Raise financing from the crowd

The Centre for Digital Entrepreneurship and Economic Performance

Access digital utilities from the cloud

The Centre for Digital Entrepreneurship and Economic Performance

Source talent from around the world

The Centre for Digital Entrepreneurship and Economic Performance

Retail products globally with social marketing & e-commerce

The Centre for Digital Entrepreneurship and Economic Performance

Invent and manufacture anything using 3D printing

The Centre for Digital Entrepreneurship and Economic Performance

Invent and manufacture anything using 3D printing

The Centre for Digital Entrepreneurship and Economic Performance

Micro-multinationals in every industry

The Centre for Digital Entrepreneurship and Economic Performance

Market products and services to a global audience

The Centre for Digital Entrepreneurship and Economic Performance

Offer your skills to a world of talent-hungry companies

The Centre for Digital Entrepreneurship and Economic Performance

The project economy

The Centre for Digital Entrepreneurship and Economic Performance

1. Challenges2. Opportunities3. Solutions

The Centre for Digital Entrepreneurship and Economic Performance

Multi-stakeholder, cross-disciplinary networks

Job seekers Employers

GovernmentNGOs and community

organizations

Educators

Problem-solving networks

The Centre for Digital Entrepreneurship and Economic Performance

New models of service delivery

Employer Intermediaries Job Seekers

Employers

The Centre for Digital Entrepreneurship and Economic Performance

P-tech is rethinking high school and college curriculums

The Centre for Digital Entrepreneurship and Economic Performance

Udacity is training a massive population of self-learners

The Centre for Digital Entrepreneurship and Economic Performance

Decoded offers digital enlightenment in one day

The Centre for Digital Entrepreneurship and Economic Performance

Young Invincibles advocates for changes in legislation

The Centre for Digital Entrepreneurship and Economic Performance

Digital Opportunity Trust creates an ecosystem for digital success

The Centre for Digital Entrepreneurship and Economic Performance

Samasource provides digital work for disadvantaged youth

The Centre for Digital Entrepreneurship and Economic Performance

Startup Corps helps young people start a business

The Centre for Digital Entrepreneurship and Economic Performance

Youth Trade helps young entrepreneurs grow their business

The Centre for Digital Entrepreneurship and Economic Performance

WeLocalize reduces the cost and risk of going global

The Centre for Digital Entrepreneurship and Economic Performance

A global union of freelancers…working toward shared benefits

The Centre for Digital Entrepreneurship and Economic Performance

Unleashing the power of human capital

The Centre for Digital Entrepreneurship and Economic Performance

Tapping into the knowledge & ingenuity of the world

The Centre for Digital Entrepreneurship and Economic Performance

Comments & Questions:

awilliams@deepcentre.com@adwill

Anthony D. WilliamsPresident & Co-founderCentre for Digital Entrepreneurship & Economic Performance

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