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LAUNCH AND POLICY DIALOGUE
REGIONAL FAO-IFAD Project
STRENGHENING DECENT RURAL EMPLOYMENT OPPORTUNITIES
FOR YOUNG WOMEN AND MEN IN THE CARIBBEAN
7-9 SEPTEMBER 2015
Bridgetown, Barbados
Youth are the future: The imperative of
youth employment for sustainable
development in the Caribbean
Structure of Presentation
• The Youth Unemployment Challenge: State of Affairs
• Quantifying the Socio-economic Costs of Youth
Unemployment
• Existing Policy Responses: Stocktaking
• An Action Agenda for Sustainable and Inclusive
Youth Development
• Main Takeaways
3
• - Approximately 260,000 unemployed youth across the
Caribbean (based on available data)
• - Youth unemployment rates are among the highest in the
world. Average Caribbean rate above world average: over 25%
vs. 10%
• - Youth unemployment rate higher than adult rate: 25% vs. 8%
• - Unemployment higher for female youth than male: over 30%
vs. 20%
The Youth Unemployment Challenge: State of Affairs
Quantifying the Socio-economic Costs of Youth
Unemployment
Problem Estimated Cost
USD
(Millions)
% of
GDP
Excess Youth
Unemployment
883.4 1.5
Excess Youth Pregnancy 96.5 0.017
Excess Youth
Imprisonment
11.6 0.02
Existing Policy Responses: Stocktaking
• Region has a majority of the rudimentary requirements in place for addressing
youth unemployment such as:
• institutionalisation of youth issues in government ministries
• availability of vocational education and training
• remedial employment-related training schemes
• support for self-employment
• Piecemeal, fragmented youth programmes, inadequate information sharing
• Youth issues aligned with social issues, but often separated from labour market
issues
• Generic employment programmes as a result of disconnect between TVET
training and labour market needs
Existing Policy Responses: Regional Positives
• Cayman Islands: Passport to Success
• Focusses on employment skills curriculum, Job shadowing and work experience
programmes
• Grenada: Imani Programme
• Focuses not only on employment but self-development. Courses in Personal
Skills, Health and Well-Being, Managing Conflicts and Problem Solving, and My
Community and Me
• Trinidad & Tobago: Youth Training and Employment Partnership
Programme (YTEPP)
• A skill-development programme specifically directed at assisting school-to-
work transition
An Action Agenda For Sustainable and Inclusive Youth
Development
4 I’s Approach:
• Innovation:
 Real economic innovation: New growth sectors underpinned by
technology and innovation
• Investment:
 Education and training (curriculum relevance)
 Psycho-social enhancements (soft skills)
 Skills development, entrepreneurial education
 Remedial employment and re-employment training
• Insurance:
 Systematic social protection
• Institutions:
 Holistic and integrated support for youth empowerment
 Better balance between effectiveness and political expediency
An Action Agenda For Sustainable and Inclusive
Youth Development (Cont’d)
• Action 1: External and internal support and activism for transformational change in
policies, practices and institutions dealing with youth
• Action 2: Ensure by 2018 that current regional youth policies and programmes are
aligned with prevailing thinking in addressing youth unemployment
• Action 3: Implement by 2017 steering committee, involving other regional bodies to oversee the
policies and programmes established and facilitate execution at the national levels
Country Level:
• Action 4: Organise multi-stakeholder steering committees, including the public
sector, private sector, trade unions, youth related organisations and young people by 2018
• Action 5: Revise/establish national youth policies by 2018 to include programmes and policies to
address unemployment, ensuring that gender is a crosscutting issue
• Action 6: Utilise private sector assessment reports, where they exist to implement
recommended actions to facilitate private sector development by 2020
An Action Agenda For Sustainable and Inclusive Youth
Development (Cont’d)
• Country Level Cont’d:
• Action 7: Initiate the process for the development of unemployment benefit
systems in countries where they currently do not exist by 2020
• Action 8: Develop and implement plans for the revision of the curriculum and the general
institutional structure of the education and TVET systems by 2025 to institutionalise career
education and entrepreneurial training
• Action 9: Promote active participation in the labour market through career
counselling, proactive employment placement programmes, Youth Guarantee Schemes and
the ‘Job Card’ system for example, by 2018
• Action 10: Strengthen Labour Market Information Systems, improve the overall
statistical systems in the Region by 2020
• Action 11: Establish framework and methodology for M&E by 2017 as the
programme of action moves from the Regional to national levels
Key Takeaways
• Acute youth unemployment challenge. Caribbean average rate higher
than world average. Females are disproportionately affected. Non-
trivial socio-economic costs
• Existing youth programmes generally piecemeal and fragmented but
there are some success stories
• 4 I’s approach needed: Innovation, Investment, Insurance and
institutions
• Collective responsibility for increased youth employment and
sustainable inclusive youth development
THANK YOU

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1. FAO-IFAD - Caribbean Bank: Youth Employment for Development

  • 1. LAUNCH AND POLICY DIALOGUE REGIONAL FAO-IFAD Project STRENGHENING DECENT RURAL EMPLOYMENT OPPORTUNITIES FOR YOUNG WOMEN AND MEN IN THE CARIBBEAN 7-9 SEPTEMBER 2015 Bridgetown, Barbados Youth are the future: The imperative of youth employment for sustainable development in the Caribbean
  • 2. Structure of Presentation • The Youth Unemployment Challenge: State of Affairs • Quantifying the Socio-economic Costs of Youth Unemployment • Existing Policy Responses: Stocktaking • An Action Agenda for Sustainable and Inclusive Youth Development • Main Takeaways
  • 3. 3 • - Approximately 260,000 unemployed youth across the Caribbean (based on available data) • - Youth unemployment rates are among the highest in the world. Average Caribbean rate above world average: over 25% vs. 10% • - Youth unemployment rate higher than adult rate: 25% vs. 8% • - Unemployment higher for female youth than male: over 30% vs. 20% The Youth Unemployment Challenge: State of Affairs
  • 4. Quantifying the Socio-economic Costs of Youth Unemployment Problem Estimated Cost USD (Millions) % of GDP Excess Youth Unemployment 883.4 1.5 Excess Youth Pregnancy 96.5 0.017 Excess Youth Imprisonment 11.6 0.02
  • 5. Existing Policy Responses: Stocktaking • Region has a majority of the rudimentary requirements in place for addressing youth unemployment such as: • institutionalisation of youth issues in government ministries • availability of vocational education and training • remedial employment-related training schemes • support for self-employment • Piecemeal, fragmented youth programmes, inadequate information sharing • Youth issues aligned with social issues, but often separated from labour market issues • Generic employment programmes as a result of disconnect between TVET training and labour market needs
  • 6. Existing Policy Responses: Regional Positives • Cayman Islands: Passport to Success • Focusses on employment skills curriculum, Job shadowing and work experience programmes • Grenada: Imani Programme • Focuses not only on employment but self-development. Courses in Personal Skills, Health and Well-Being, Managing Conflicts and Problem Solving, and My Community and Me • Trinidad & Tobago: Youth Training and Employment Partnership Programme (YTEPP) • A skill-development programme specifically directed at assisting school-to- work transition
  • 7. An Action Agenda For Sustainable and Inclusive Youth Development 4 I’s Approach: • Innovation:  Real economic innovation: New growth sectors underpinned by technology and innovation • Investment:  Education and training (curriculum relevance)  Psycho-social enhancements (soft skills)  Skills development, entrepreneurial education  Remedial employment and re-employment training • Insurance:  Systematic social protection • Institutions:  Holistic and integrated support for youth empowerment  Better balance between effectiveness and political expediency
  • 8. An Action Agenda For Sustainable and Inclusive Youth Development (Cont’d) • Action 1: External and internal support and activism for transformational change in policies, practices and institutions dealing with youth • Action 2: Ensure by 2018 that current regional youth policies and programmes are aligned with prevailing thinking in addressing youth unemployment • Action 3: Implement by 2017 steering committee, involving other regional bodies to oversee the policies and programmes established and facilitate execution at the national levels Country Level: • Action 4: Organise multi-stakeholder steering committees, including the public sector, private sector, trade unions, youth related organisations and young people by 2018 • Action 5: Revise/establish national youth policies by 2018 to include programmes and policies to address unemployment, ensuring that gender is a crosscutting issue • Action 6: Utilise private sector assessment reports, where they exist to implement recommended actions to facilitate private sector development by 2020
  • 9. An Action Agenda For Sustainable and Inclusive Youth Development (Cont’d) • Country Level Cont’d: • Action 7: Initiate the process for the development of unemployment benefit systems in countries where they currently do not exist by 2020 • Action 8: Develop and implement plans for the revision of the curriculum and the general institutional structure of the education and TVET systems by 2025 to institutionalise career education and entrepreneurial training • Action 9: Promote active participation in the labour market through career counselling, proactive employment placement programmes, Youth Guarantee Schemes and the ‘Job Card’ system for example, by 2018 • Action 10: Strengthen Labour Market Information Systems, improve the overall statistical systems in the Region by 2020 • Action 11: Establish framework and methodology for M&E by 2017 as the programme of action moves from the Regional to national levels
  • 10. Key Takeaways • Acute youth unemployment challenge. Caribbean average rate higher than world average. Females are disproportionately affected. Non- trivial socio-economic costs • Existing youth programmes generally piecemeal and fragmented but there are some success stories • 4 I’s approach needed: Innovation, Investment, Insurance and institutions • Collective responsibility for increased youth employment and sustainable inclusive youth development