Youth unemployment (15-24 years old)
| Indicator | Youth unemployment (15-24 years old): ) | |
|---|---|---|
| Dimension of exclusion | ACCESS TO LABOUR MARKET Another form of exclusion faced by individuals when they complete their educational cycles is refected in their capacity to access decent job opportunities. The school-toemployment transition is often determined by the capacity of an economy to generate job opportunities for this key age group. | |
| Defnition: | Share of the youth labour force who is without work but available for and seeking employment (ILO defnition).8 | |
| Formula | $$[dEx]^{Yu}=\frac{1-Yu_{15-24}^n}{ Yu_{15-24}^n}$$ $[dEx]^{Yu}$ :Degree of exclusion from access to the labor market $ Yu_{15-24}^n$ : Proportion of individuals aged 15-24yearswho are unemployed, measured at national leve | |
| Computation: | National/sub-national. | |
| In Excel, use the following condition IF: If$ Yu_{15-24}^n$ p50 give value of 1 IF NOT apply the formula (*): $$[dEx]^{Yu}=\frac{1-Yu_{15-24}^n}{ Yu_{15-24}^n}$$ | ||