?Passage Two
"Young people ought not to be idle. It is very bad for them." said Margaret Thatcher in 1984. She was right: there are few worse things that society can do to its young than to leave them in limbo. Those who start their careers on the dole are more likely to have lower wages and more spells of joblessness later in life, because they lose out on the chance to acquire skills and self-confidence in their formative years.
Yet more young people are idle than ever. OECD (the Organization for Economic Cooperation and Development) figures suggest that 26m 15- to 24-year-olds in developed countries are not in employment, education or training; the number of young people without a job has risen by 30% since 2007. The International Labour Organization reports that 75m young people globally are looking for a job. The World Bank surveys suggest that 262m young people in emerging markets are economically inactive. Depending on how you measure. hem, the number of young people without a job is nearly as large as the population of America (311m).
Two factors play a big part. First, the long slowdown in the West has: reduced demand for labour, and it is easier to put off hiring young people than it is to fire older workers. Second, in emerging economies population growth is fastest in countries with dysfunctional labour markets, such as India and Egypt.
The result is an "arc of unemployment", from southern Europe through North Africa and the Middle East to South Asia, where the rich world's recession meets the poor world's youth quake. The anger of the young jobless has already. burst onto the streets in the Middle East. Violent crime, generally in decline in the rich world, is rising in Spain, Italy and Portugal-countries with startlingly high youth unemployment.
The most obvious way to tackle this problem is to reignite growth. That is easier said than done in a world plagued by debt, and is anyway only a partial answer. The countries where the problem is worst (such as Spain and Egypt)suffered from high youth unemployment even when their economies were growing. Throughout the recession companies have continued to complain that hey cannot find young people with the right sill. This underlines the importance of two other solutions: reforming labour markets and improving education. These are familiar prescriptions, but ones that need to be delivered with both a new vigor and a new twist.
Questions 6-10 are based on Passage Two.
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