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Empowering the workforce of tomorrow: The role of business in tackling the skills mismatch among youth

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Author(s): UNICEF and the World Business Council for Sustainable Development (WBCSD)

Published: July 8, 2021

Report Intro/Brief:
“Based on combined insights from the United Nations Children’s Fund (UNICEF) and WBCSD’s Future of Work project, this report highlights the importance of addressing the skills mismatch among youth, with a view to helping businesses better understand the challenge, its root causes and the impacts it has on youth, business and society more broadly. The report also brings to life the role business can play in addressing the skills mismatch among youth and seeks to inspire business leaders to strengthen their companies by empowering youth through business action, partnerships and advocacy on skills development.

Part 1 frames the report by assessing the skills mismatch as a global challenge affecting both youth and business, as well as society and economies more broadly.

Part 2 helps the reader understand the skills mismatch by providing key definitions and describing key causes and impacts of this mismatch in relation to youth and business.

Part 3 explores some of the skillsets that are most useful in helping young people to transition from education to meaningful employment.

Part 4 identifies actions and approaches businesses can take to improve the opportunities of youth.

Finally, presented as a set of recommendations from UNICEF and WBCSD, Part 5 looks at the role of other stakeholders, including youth and organizations that represent their interests, governments, and the education system and skills development providers more generally.”


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