The World Youth Skills Day is celebrated annually on July 15 across the globe. The day is observed to raise awareness and acknowledge the importance of youth skills development, which enables social and economic growth in our communities.
With the outbreak of coronavirus, the unemployment rate has seen a rapid spike. The COVID-19 pandemic and lockdown measures have led to the worldwide closure of technical and vocational education and training (TVET) institutions, threatening the continuity of skills development. Skills and jobs for youth feature prominently in the 2030 Agenda for Sustainable Development, and SDG target 4.4 calls for a substantial increase in the number of youth and adults who have relevant skills.
The United Nations General Assembly adopted Resolution 69/145, declaring every July 15 as World Youth Skills Day in November 2014. The General Assembly also pointed out its concern about the high number of unemployed youths worldwide, estimated at 74.5 million in 2013, most of whom live in developing countries. The UN then called on all its members to tackle this problem by improving access to better quality education and training.
According to the United Nations, over 73 million young people are currently unemployed, with 40 million joining the labour market each year. To tackle the problem, at least 475 million new jobs need to be created over the next decade.
Importance of Skill Development:
- A skilled army or workforce can enhance customers loyalty.
- Workplace skills training increases job satisfaction and prevents top talent from walking out the door.
- Skills development always leads to competitive advantage. To be the best, you need to have something that nobody else has.
- Employee training and development are key to safeguarding business growth and employee stability.
- Skill development helps to refine the capabilities of the employee to help them match future demands.
- With top organisations scrambling for top talent, most employees are more likely to work with an employer that gives back through skill development.