Young people across Asia are struggling to find good jobs, with many stuck in low-productivity work that the World Bank warns could strain social stability as frustrations fuel a global wave of youth-led protests.
The bank highlighted a persistent gap between younger and more experienced workers across several Asian economies in a regional economic update released Tuesday, noting that one in seven young people in China and Indonesia are unemployed. It warned that the share of people now vulnerable to falling into poverty is now larger than the middle class in most countries.
"The employment rate is generally high, but the young struggle to find jobs,” the World Bank wrote in a regional economic update published Tuesday, adding that most people in Asia "who look for work find it.” However, "many individuals in the region are in low-productivity or informal jobs.”
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