Article: Unemployed youths
MMJ
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There is currently 65 million unemployed youths in the world
There is currently 65 million unemployed youths in the world. That is almost equal to the entire population of the UK! Throughout the World the SME /Small Business Sector creates on average 70% of jobs in all nations and contributes 40%-60% to GDP but only gets 7% of total loans. SME are improperly funded. Unsupervised banks prefer funding personal loans, credit cards, and personal sector which is good for their private profits and bad for the nation. Unending inflation and unemployment for the people of the nation. Definition of SME/Small Business Sector companies with Sales of USD10m and below. When too many youths and graduates out looking for jobs and 70% job creating sector are poorly funded this leads to unemployed youths and graduates in the world. And stunted wages and salaries for those lucky enough to get jobs. Monetary Reformers should be concerned with human suffering and less engrossed with Economists worries like stability, and privacy of money creation.
Youth unemployment by country, around the world
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Dikemaskini [Updated]: Sam Ahmad 202500507