Youth unemployment refers to the percentage of the youth population, usually aged 15 to 24, who are unemployed and actively seeking employment.
In Cyprus currently, the percentage of youth unemployment is 14.7%.
Youth unemployment rates tend to be higher than adult unemployment rates. This is partly because young people lack work experience, and their skill sets may not always align with the job market demands.
High youth unemployment can lead to social and economic consequences, including increased social unrest, poverty, and reduced economic productivity.
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