II.     Key changes in nature of work

      III.     Implications for Young Workers

      IV.     Career Opportunities

        V.     Conclusion

1.                   Global value chains - Cross-border supply chain networks where different stages of producing a good or service are located in different countries.

2.                   Demographic shifts - Changes in the characteristics of a population over time, such as age, gender, ethnicity, migration patterns.

3.                   Aging populations - Increase in the share of older individuals in a society due to rising life expectancy and declining birth rates.

4.                   Automation - Use of technology, computers, robots, and artificial intelligence to perform tasks done by humans.

5.                   Scarring effects - Long-term negative career impacts resulting from difficult early labor market experiences like unemployment or discrimination.

6.                   Megatrends - Major shifts in economic, social, environmental systems shaping the world like technology, demographics, climate.

7.                   TVET - Technical and vocational education and training providing occupation-specific skills, usually non-academic.

8.                   Vulnerable employment - Work that lacks elements of decent work like stability, social protections, workers' rights.

9.                   Inactivity - Being outside the labor force altogether, not working or seeking work.

10.                Labor market entry - The initial transition process of securing a first job or employment for youth after completing education.

11.                Forgone entry - Not managing to enter the labor force at all and dropping out of the pipeline for employment.

          I.     Introduction (Suggested 1 slide)

-   Provide the overall context to see how the issue of young workers' employment matters.

-   Overview of key changes in nature of work and implications for young workers

Hint:

Megatrends and COVID-19 Impact on Skills:

●                  Rapid changes, including global megatrends (globalization, technological progress, etc.) and COVID-19, significantly influence required skills.

●                  Adaptability is crucial for overcoming challenges and seizing opportunities

Example:

Context:

-   Young workers essential drivers of productivity and growth

-   Smooth school-to-work transitions critical for economies and individuals

-   You may want to elaborate about the characteristics of Gen Z - the main workforce.

Overview:

-   Technological, economic, demographic shifts transforming skill demands, job stability

-   Rising barriers to entry, precarious work, skill gaps challenging youth employment

Importance:

-   Prevent unequal scarring effects and ensuring inclusive opportunities vital

-   Skill problem

-   Reduce social disparities and promote fairness

-   Protect the well-being of citizens and ensure access to healthcare services

-   Supportive education, labor policies, and targeted interventions needed