Youth unemployment

Abstract

This article investigates youth unemployment to analyze current labor market problems in Colombia as a societal challenge. It highlights the difficulty young people face in finding employment related to their specialization or profession, as companies often require experience or job training, and most recent graduates lack the necessary experience. This issue is closely linked to the country's economy, as the high rate of youth unemployment is concerning, and these high levels of unemployment are a major contributor to poverty. A clear example of this is the number of older individuals who continue working even after retirement, preventing young professionals from filling those positions. A large number of young people possess the skills, abilities, and knowledge to work in companies of all sizes, but despite their efforts, they are denied opportunities due to a lack of experience. Unemployment in Colombia has existed for many years; however, it is currently experiencing a surge in demand due to the global pandemic. Therefore, a literature review was conducted to identify arguments related to the social problems faced by the most disadvantaged classes in our country.