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