Unemployment among Latin America youths fuels 'lost generati

[frigidmagi]

CSM

[quote]Even in the best of times, securing one’s first job can be quite the feat. But in Latin America these days, the task is gargantuan.

The financial crisis that sank some of the world’s biggest banks and left record numbers of people jobless has had a particularly harsh effect on young workers worldwide. And although much of Latin America is recovering faster than elsewhere, the International Labor Organization (ILO) estimates that 600,000 young people in the region have been left unemployed by the crisis – putting a strain on governments and reversing gains made from 2003 to 2008.

Even more worrisome, nearly 20 percent of the youths in the region are neither studying nor looking for jobs, threatening to become a “lost generation,â€