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Global Employment Trends for Youth - Modelling the Employment Impacts of the Green, Digital and Care Economies

The 2022 edition of the International Labor Organizations' Global Employment Trends for the Youth (GET Youth) explores the economic and employment implications of  expanding the green, digital and care economies up to 2030.

Cambridge Econometrics was commissioned by the International Labor Organization to explore the potential for future economic and employment growth across four scenarios:

  • Expansion of the digital economy  - spurred by improved internet connectivity 
  • Investment in the care economy - reallocating public expenditure and raising funds to increase provision of formal health and education services 
  • Transition to a greener economy - on a path towards achieving global net zero ambitions 
  • Combined scenario - bringing together all three scenarios for the digital, care and green economies 

 

REPORT ILO Global Youth 2022
Global Employment Trends for Youth 2022

Modelling the Employment Impacts of the Green, Digital and Care Economies

 

 

 

 

Key Findings

1

Broadband infrastructure and changes in consumer expenditure patterns are expected to create 6 million jobs for young people.

2

An increase in formal education and health and social care, in line with SDGs 3 and 4, could create 18 million jobs. Additional jobs in these sectors are expected to be taken up by mostly young women. 

3

Compared to a business-as-usual scenario, the green transition could create more than 8 million jobs by 2030 for young people. The additional jobs are in sectors such as power, construction and services.

4

An expansion of the digital economy, more investment in the care economy, and a transition to a green economy, could create more than 30 million jobs for young people by 2030. The largest gains in job creation would be seen in the Middle East and Africa. 

Get in Touch

CT (4)

Madalina Suta

Head of European & Global Economic and Social Policy

t: +32 2 897 9987

e:cs@camecon.com