What To Do About The Youth Unemployment And STEM Skills Gap

Today, half the people on the planet are under the age of 30. Millennials are the first “always connected” generation and the best-educated people in history, but are affected by high unemployment rates, according to the International Labour Organization (ILO).

At the same time, organizations around the world are increasingly reliant on advanced technical skills in the emerging digital economy. By 2020, economies will face a shortage of the skilled talent needed to drive prosperity and social security. Forty million high-skilled workers – especially with science, technology, engineering, and math knowledge – are needed globally, according to McKinsey.

What role can the private sector play in solving these issues?

Click here to read Marita Mitschein’s complete article published on the D!gitalist by SAP website. 

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