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Title: Make Unemployed Youth Work For Free: Davos Delegates
Source:
cnbc
URL Source: http://www.cnbc.com/id/46152716
Published: Jan 26, 2012
Author: Catherine Boyle
Post Date: 2012-02-04 10:23:50 by lucysmom
Keywords: None
Views: 5577
Comments: 17
Young people should work for free for up to two years to gain experience, youth and business leaders said at the World Economic Forum in Davos Thursday.
A new UN resolution to enshrine the importance of a couple of years of voluntary work for young people was urged by delegates including Maurice Lévy, chairman and chief executive of Publicis Groupe, as part of a CNBC-moderated debate on how to avert a lost generation of unemployed youth.
“It’s a bad idea which fails to recognize the heterogeneity of the population,” Peter Diamond, economics professor at the Massachusetts Institute of Technology, said. “These would be wasted years for some.”
The world needs 600 million new jobs in the next decade to cope with a rising population and the effects of the financial crisis, according to figures released earlier this week by the International Labor Organization.
Unemployment is particularly acute for young people, with the rate of youth unemployment up from 11.7 per cent in 2007 to 12.7 percent in 2011 globally, with advanced economies particularly badly hit.
An estimated 6.4 million young people have dropped out of the labor market because they don’t believe they will ever find a job, according to the ILO.
This is particularly worrying because young people who have a long period of unemployment at the start of their careers are likely to lag behind in earnings for the rest of their lives.
Tidjane Thiam, chief executive of insurer Prudential [PRU 59.87 1.55 (+2.66%) ], said that minimum wage legislation across Europe was an "enemy" of young people and a "machine to destroy jobs" at the conference.
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The next president should bomb the UN. With the enemies in it.
They can take their UN bullshit and shove it up Obamas loose asshole.
#2. To: A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mininggold, mcgowanjm, but not Eric as per his request (#0)
...minimum wage legislation across Europe was an "enemy" of young people and a "machine to destroy jobs" at the conference.
What effect would a free labor force have on jobs for older, more experienced workers?
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#3. To: A K A Stone (#1)
The next president should bomb the UN. With the enemies in it.
I could be wrong, but I don't think the World Economic Forum which meets in Davos, has anything to do with the UN.
I believe it is a meeting of the world's most successful "job creators".
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#4. To: A K A Stone (#1)
The next president should bomb the UN. With the enemies in it.They can take their UN bullshit and shove it up Obamas loose asshole.
Exactly.
"If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” -- Samuel Adams --
#5. To: lucysmom (#3)
A new UN resolution to enshrine the importance of a couple of years of voluntary work for young people was urged by delegates including Maurice Lévy, chairman and chief executive of Publicis Groupe, as part of a CNBC-moderated debate on how to avert a lost generation of unemployed youth.
Did you read your own article?
#6. To: lucysmom (#3)
I could be wrong, but I don't think the World Economic Forum which meets in Davos, has anything to do with the UN.I believe it is a meeting of the world's most successful "job creators".
But what big job creator would want to hire Stone once they see what he posts on the internet?
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
#7. To: mininggold (#6)
Ha. I don't need anyone to hire me. I am self sufficient.
#8. To: A K A Stone (#7) (Edited)
Ha. I don't need anyone to hire me. I am self sufficient.
Do you paint for free? Job creators also hire independent contractors. You really aren't the island you think you are. But then you just might qualify for that 2 year slave internship they (a big business consortium) are proposing.
Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET
#9. To: A K A Stone (#5)
Did you read your own article?
She is incapable of comprehending what she reads.
Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate
#10. To: A K A Stone (#5)
Did you read your own article?
Yep.
What do you think ...A new UN resolution to enshrine the importance of a couple of years of voluntary work for young people was urged by delegates... means?
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#11. To: jwpegler (#9)
She is incapable of comprehending what she reads.
How would you know?
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#12. To: lucysmom (#11)
Indentured servants are one step removed from slavery. Anyone like conserva-nutzies who suport this just wants a free tool for uprooting older workers from their jobs at which they have earned higher pay and benefits. And the key word they hate is these workers EARNED this.
I am opposed to this, and I would not have worked for free as a young man at a regular job for anybody.
#13. To: Ferret Mike (#12)
Indentured servants are one step removed from slavery.
Slaves and indentured servants have to be fed, clothed, and housed or the "master" doesn't get his investment back in labor.
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#14. To: lucysmom (#13)
Exactly. What are these kids supposed to do, hit mum and dad up for this sort of support after mum and dad lose their jobs to kids working for free?
This is not just a stupid idea, this is an epically stupid idea.
#15. To: lucysmom (#11)
#16. To: Ferret Mike (#15)
"Obsess about embryos, but ignore the needs of real children" - ain't that the truth!
Post-Conflict Regime Type: Probability of Being a Democracy Five Years After the Conflict Has Ended; Violent Campaigns - 4%, Nonviolent Campaigns - 46%. Erica Chenoweth, Ph.D., Stanford University,
#17. To: lucysmom (#16)
"Obsess about embryos, but ignore the needs of real children" - ain't that the truth!
It's so true, it hurts.
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