The $1.2 trillion prize from empowering young workers to succeed in an age of automation
average unemployment rate of 15-24 year olds across the OECD
of UK young workers' jobs could be at risk of automation by early 2030s
boost to OECD GDP from lowering the NEET rate of young workers to match Germany levels
potential boost to UK GDP from reducing the NEET rate of younger workers to German levels
This year’s update of our Young Workers Index shows that the OECD has continued to make progress on a number of key indicators of youth empowerment. Switzerland, Iceland and Germany continue to lead the OECD, taking the top positions on the index.
In this edition, we explore the implications of an increasingly automated workplace for young workers and discuss how governments and business can support them to succeed in an automated world.
In our analysis of the GDP gain from lowering NEET (not in education, employment or training) rates of young workers to German levels, we find that the OECD could experience a long-term gain of around $1.2 trillion.
View the key findings of our research and explore the results further using our interactive data tool. We provide more detailed analysis and commentary in the full report, which you can download below.
Our Young Workers Index is a weighted average of seven indicators which reflect the labour market impact of workers aged 15 to 24 in OECD countries, including employment, education and training. The key findings from our 2017 report are as follows:
Use our new interactive data tool to explore how your country compares in the Young Workers Index by simply clicking on your country of choice.