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Labour Market Challenges Amidst the COVID-19 Crisis: Addressing Youth Vulnerability
Abstract
The chapter discussed the reasons for the labour market vulnerability of youth and the challenges they face amidst the COVID-19 pandemic. While youth have been experiencing unsatisfactory progress in the labour market, the pandemic crisis has worsened it. Challenges in the labour market outcome include higher youth unemployment, financial instability (due to low wages and decrease in monthly income), labour market skill mismatch, low quality of jobs, and difficulties in school-to-work transitions, which threaten to widen the pre-existing challenges. This chapter also discussed remedial actions on policy options and interventions to the labour market to alleviate those challenges. The vulnerability of youths must be identified, heard, and targeted with proper measures to address the challenges that the young workers face in the current labour market.
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