Italy faces a critical brain drain as millions of young Italians emigrate, creating a stressed economy and an aging population. This exodus, driven by low wages, high unemployment, and a lack of opportunities, costs the nation billions and threatens its future. The government is attempting to counteract this with incentives, but the challenge remains immense.
As China faces a shrinking workforce due to an aging population, automation is booming. The country now has over 1.7 million industrial robots, solidifying its position as the world’s largest robotics market. While this surge in automation addresses labor shortages, it raises concerns about rising youth unemployment, highlighting a complex economic landscape.
Germany is facing a growing problem with young people who are not in employment, education or training (NEETs). The number of NEETs has increased by one million in the last nine years, and currently stands at three million. This is a serious problem for a high-performing country whose demographics form an inverted pyramid and is currently experiencing a shortage of millions of specialists. The German government is concerned that the problem is growing. In the last nine years alone, the number of such unqualified young people has increased by one million. While the baby boomers close out the professional chapter of their lives, attention has turned to the NEETs, who themselves have few possibilities when it comes to work.
A growing trend among young employees is to quit their jobs on live video, captured and shared on platforms like TikTok. While it may offer a sense of entertainment or empowerment at the time, experts warn that such public resignations can have serious long-term consequences. These experts advise using formal methods like email or letters to announce resignations and emphasize the importance of considering potential repercussions before posting quitting videos online.
The job market has tightened for young Canadians, with youth unemployment reaching a high of 12.6%. New graduates must showcase their soft skills and authenticity in interviews while leveraging their extra-curricular experiences and networking to stand out in a competitive market. Preparation and practice are crucial, and career counselors can provide guidance and support. Industries continue to seek talented graduates, valuing their fresh ideas and contributions to company culture.
