According to international labour organisation global youth unemployment reach 73 million in 2022. Wider economic risks such as accelerating inflation may come into play. Labour market prospect are uneven across the globe. Women have been worse hit by the labour market crisis than men. Unemployment is always a crisis irrespective of the region.
The accumulation of global unemployment will always increase due to the factor of large companies experiencing an economic crisis since the last pandemic and the impact of inflation, that based on the news many start-ups have reduced employees by almost 30% to offset the use of company funds, youth unemployment has increased by 23% since 2020 and the female sex ratio is higher in unemployment because it is difficult to find work, so the government must build new jobs to reduce the unemployment factor because every year young workers always increase after completing their studies at university.