One of youth unemployment reasons is considered the negative attitude of Y-generation towards stable and monotonous places of work. They are good everywhere with exception and outside their direct permanent work place. It is not a question of Y-generation managing IT or related specialities (and some others), as they are very good in that, but is Y-generation able to provide products and services in the more traditional segments of economics? If crisis comes, can Y-generation strive for survival by unpleasant, dirty, not so interesting and monotonous works?
The question is too vague because the profile of the Y-generation may cover a wide range of features - you name it. It depends to a great extent to each youth's background, education, family and so many variables. Two factors are more imporatnt than others and make the difference between a person unable to adapt to the labor market and one who's able to find a job, and more important, to stay there making it's best until another better opportunity may occur. These two factors are the habit to work, whatever, but to work (it's rather a personal propensity to make something instead of staying still) and the capacity to speak a foreign language - English is a good prerequisite, but not compulsory.
This is a good question for this changing world economy because almost all the economies are in transformation age. Not only there is change in sectoral importance but also the nature of every sector. To cope up with these changes there are so many institutions and organisations who offer the training programmes for new jobs that have arrived in the market or about to come in future in the market. this trend is already in practice in most of the developing countries and are becoming common in some developing economies like india. Now a days there is no option before the Y generation except to adopt the changes in the market. So keeping all the other factors constant as told by Mr. Marian the Y generation is supposed to be well equipped with the changes in the market and can get the employment opportunities that are new in their nature.
A quite interesting study was carried out by an NGO in Romania an the professional path of people who have graduated high-school and faculties. about 500 pupils were monitored after high-school graduation for a couple of years after faculty graduation and it was fond that a large majority of them, irrespective to their performance in faculty, spent one or two years as salesmen, before finding a job +/- sited for the knowledge they got in faculty. Shall we take this signal for granted and introduce more marketing in the academic curricula? I doubt about that, although it is a real fact which somehow must be taken into consideration.
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