MEETING OF THE WORKING GROUPS OF THE XIX IACML PANEL: Labor equality, elimination of employment discrimination and labor inclusion of vulnerable groups Sub-Panel: YOUTH Asuncion, Paraguay – April 27, 2017 Maria Claudia Camacho, Coordinator for the Labor and Employment Section, Dept. of Human Development, Education and Employment, SEDI , OEA

Huge potential for growth Demographic bonus still open Youth in the Americas 236 Million youth Huge potential for growth Demographic bonus still open

Challenges in employment Harnessing the potential demands to overcome these challenges, that hit harder the most vulnerable youth Unemployment Youth in Extreme Poverty 24.6% Of Middle Clase 7% Informality Youth with Elementary Education 68% With College Degree 24% Inactivity 21% Almost 30 Millions youth in Latin America and Caribbean 76% women

Paradox - What does the productive sector say? Difficulty in finding talent 42% companies surveyed in 2015 Time to fill vacancy: 6 weeks (3 in Asia) Increased demand for basic, technical and socio- emotional skills High value of socio-emotional skills

Milestone: Inter-sectoral Workshop on Youth Employment All this requires us to think and rethink public policies from an intersectoral approach One of the greatest commitments and advances of the XIX IACML in Mexico Milestone: Inter-sectoral Workshop on Youth Employment Ministries of Labor and Education

SOCIAL PROTECTION INCOME LEVEL ¿Why an intersectoral approach? EDUCATION School years Quality POVERTY EMPLOYMENT Formal Informal SOCIAL PROTECTION INCOME LEVEL

What to do to improve the link between education and labor? Quality Relevance Lifelong Education Basic, technological and socio emotional competences EDUCATION School years Quality EMPLOYMENT Information of labor market Labor prospective Continuing training Internships, apprenticeship Employment services Competencies certification Formal Informal

Some lessons and recommendations from the Workshop in Brasilia (open to comments) Education and training must be National policies, not government policies. Respond to country vision and be linked to economic and productive development strategies (national and local). Involve all production actors in a systemic and coordinated way in professional training. Strengthen instances of dialogue and participation. Especially involve young people since policy design. Strengthen information systems, diagnostics and labor projections, and effectively use them to define and adapt technical and professional training and education.

Some lessons and recommendations from the Workshop in Brasilia (open to comments) Adapt training to the characteristics of the populations to which it is directed (income profiles) and address the great diversity of youth. Develop a modular approach to technical education and be flexible in content and format (time schedules) Promote the value of professional and technical education as a viable and competitive option for young people. Initiatives to improve youth employment should be framed within a broad set of active labor market policies, with shared and organized actions on labor intermediation, training, hiring incentives , etc.

Millennials with very different expectations To conclude – Two challenges and opportunities that impose more pressure The New World of Work Millennials with very different expectations

Thank you for your attention