Why rising youth unemployment demands our urgent attention

Australia can no longer afford such a high level of youth unemployment, especially when sustaining growth in GDP per capita depends on initiatives to reduce joblessness.

I believe there is a special case for taking an interest in youth unemployment. It is concerning that more than one-third of the unemployed people in Australia are aged 15 to 24.

In the 14 years leading up to the global financial crisis in 2008, youth unemployment had been trending down. It fell from more than 380,000 (seasonally adjusted) in October 1992 to less than 160,000 in August 2008.

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