Imagine graduating college only to find eight out of ten peers scrambling for informal gigs or underpaid roles. That’s the harsh reality in Ecuador, where youth unemployment has surged into a full-blown crisis, according to a new study by nonprofits Children International and Empleo Joven Ecuador. 📊
The numbers are stark: 80% of young Ecuadorians can’t secure formal jobs, pushing many into unstable work or leaving the country altogether. But this isn’t just Ecuador’s problem—it’s a regional trend. The International Labour Organization warns Latin America faces rising informality, gender gaps, and job insecurity for under-30 workers. 👩💼👨🔧
“This isn’t just about paychecks,” says reporter Nicolas Suarez from Quito. “It’s about lost potential and a generation questioning their futures.” 🌱
As global markets shift, young professionals worldwide are watching: Could this crisis signal broader challenges in balancing economic growth with workforce stability? 💡 Let us know your thoughts in the comments. ✨
Reference(s):
cgtn.com