World Bank Reports One in Five Young Latin Americans Do Not Study or Work
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January 20, 2016
Millions of young Mexicans are having trouble finding jobs or getting an education in their country. (CCTV)
One in five young Latin Americans do not study or work, a World Bank reported released has revealed.
The figure has reached more than 20 million 15 to 24-year-olds across the region, and is made up two-thirds by women.
The figure represents 19.3 percent of all young people in the region, and is highest in Central America, Mexico and Colombia, worse in areas of high organized crime, Rafael de Hoyos, one of the authors of the study, told EFE.
According to the report, presented in Washington, young people from poor families form part of a vicious circle of broken homes, academic failure, and lack of access to the jobs market that can push them into crime.
“The adverse effect of the ‘ninis’ (from the Spanish, “do not study or work”) on income not only reduce the total product of the economy due to a lower working productivity, it obstructs equality. A higher incidence of ninis in poor and vulnerables homes exacerbates existing inequalities, obstructs social mobility and the reduction of poverty on the long term,” the report said.
In the coming decades, Latin America will reach its maximum proportion of working-age population, the report claimed, proposing policies to promote values like staying in school.
“If we give our young people the necessary tools to be productive and work opportunities, the region will be maximizing its potential in this window of opportunity,” de Hoyos told Reuters.
Read the rest at teleSUR
Related: World Bank Urges Latin America Not to Leave Young People Behind (The Guardian)
Related: From NPR's Latino USA: The Kids Are Not Alright (HuffPost Latino Voices)
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