As a way to reverse harrowing global youth-employment numbers, youth entrepreneurship is seen as a bright light at the end of a very long tunnel. But how viable of a solution is it? ISTANBUL, Turkey — The numbers are terrifying. According to recent research conducted by The Economist, around 24.4 percent, or about 290 million, of the world’s young people are currently unemployed. No wonder they’ve been dubbed the Jobless Generation.
“The economy, stupid,” was the quote hanging at President Bill Clinton’s Little Rock 1992 campaign headquarters. Although the quote has gone through many incarnations in the past decades, it really captured the zeitgeist for the President. Perhaps it has even captured every zeitgeist to ever have existed for every political candidate – this for the simple reason that the economy is something that affects each and every one of us.