Unemployment among Latin America youths fuels 'lost generation'
A lost generation is emerging as unemployment soars among Latin America youths. Nearly 20 percent are neither studying nor looking for jobs.
Even in the best of times, securing one’s first job can be quite the feat. But in Latin America these days, the task is gargantuan.Skip to next paragraph
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The financial crisis that sank some of the world’s biggest banks and left record numbers of people jobless has had a particularly harsh effect on young workers worldwide. And although much of Latin America is recovering faster than elsewhere, the International Labor Organization (ILO) estimates that 600,000 young people in the region have been left unemployed by the crisis – putting a strain on governments and reversing gains made from 2003 to 2008.
Even more worrisome, nearly 20 percent of the youths in the region are neither studying nor looking for jobs, threatening to become a “lost generation,” says the ILO.
“The challenges for the countries are immense. We are talking about a generation of young people who not only mark the future but the present with high levels of inactivity,” says Guillermo Dema, an ILO specialist in youth unemployment for Latin America and the Caribbean. “They are frustrated, they cannot get married or start their own families. It is generating a serious problem.”
Unemployment among young workers is typically about two to three times that of adults. In 2008, of 18 countries in Latin America where data was collected, 13.4 percent of young people were unemployed compared with 4.5 percent of adults.
But in those countries with preliminary data from 2009 (eight countries in Latin America), youth unemployment shot up to 18.5 percent. The US youth unemployment rate also hit 18.5 percent in July. But the gap between youth and adult unemployment rates is bigger in Latin America than it is in the US, where adult joblessness was 9.7 percent in January.
“Fewer young people were looking for jobs,” says Jurgen Weller, an economist at the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile. “Adults continued looking for jobs.… When [youths] perceive there are no jobs, they just don’t look for one.”
That is the case with Victor Rodriguez, a 23-year-old whose principal source of income today comes from break dancing in front of cars stopped at red lights. He left school at age 16 and worked as a gardener for several years, he explains on a recent day at a park in the Tlalpan section of Mexico City, where he practices his moves.
“I’d like to go back to school, maybe be a graphic designer,” he says. But for now, he does not see how to move forward and plans to keep dancing for a living, he says.
A sharp rise in youth unemployment could create a frustrated 'lost generation' of young adults who give up on career aspirations and turn to crime or join the ranks of illegal immigrants in the United States.