As economic recovery indicators fell flat last week, the leaders of G20 nations held meetings in Russia. Entrepreneurs were present and armed with a two reports from a couple of “Big 4” heavyweights to help them deliver their message -- “Help us help you stimulate job creation.” We take a look this week at some of the highlights of what the authors had to say.
While I left Russia last week before the important government leaders arrived, I was there for the release by Ernst & Young and Accenture of their reports measuring entrepreneurship. This year’s Ernst & Young Entrepreneurship Competitiveness Barometer, which measures the entrepreneurship competitiveness amongst the G20 countries, highlights the fact that youth unemployment has reached critical levels (higher than 30% in the worst-hit countries). Making matters worse, these levels are expected to rise over the next five years, raising the specter of what the report calls a “lost generation.” The loss of this untapped generation is significant not only because of their numbers (290 million young people neither working nor studying according to The Economist) but also because young people around the world are under-employed relative to their training and capabilities.
To read the full, original article click on this link: Policy Wonks and Young Entrepreneurs - Entrepreneurship.org
