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The Youth Employment Network (YEN)

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Presentation on theme: "The Youth Employment Network (YEN)"— Presentation transcript:

1 The Youth Employment Network (YEN)

2 Innovative pilot projects Brokering Partnerships
About YEN Policy Advice Lead Country Network Innovative pilot projects Youth to Youth Fund Brokering Partnerships YEN Marketplace Knowledge Sharing YEN Evaluation Clinics Inter agency initiative ILO, World Bank and United Nations Objective To engage, educate and motivate actors to provide improved employment opportunities for youth  YEN products and services YEN is a platform and service provider focusing on 4 core areas. Structure YEN’s headquarters are in Geneva and has a field office here in Dakar. YEN’s business model is that of a non-profit consulting firm

3 The Challenge Youth in West Africa Large proportion of young people
High unemployment Low wages 65% under 30 ~ 20% + underemployment + discouraged workers 65% of 260 million people in West Africa are below the age of 30 Youth unemployment rates are high (~20%) but do not tell the full story of invisible underemployment 50% of all employed youth live on less than USD 1 a day Between 65% and 90% of urban youth make less than minimum hourly wage (adults: 30% to 50%) 50% earn under $1 a day 65% - 90% earn under min. wage

4 The Challenge The environment Large informal economy No job economies
Entrepreneurship – necessity vs. opportunity Weak education system Political instability The informal sector is the most important job creator (95% of all new jobs in the case of Senegal) necessity” entrepreneurs are less educated, cannot find other forms of employment, they remain small, informal, low contribution to employment creation “opportunity” entrepreneurs are better educated, most are male, they seize opportunities, growth oriented enterprises, high contribution to employment creation

5 Case study Creating Jobs in a no job economy : The Youth to Youth Fund
Youth-led development Innovation Pro-poor products and services, green micro businesses Cooperatives vs. entrepreneurs Comprehensive training approach Support /Monitoring network on the ground Impact evaluation -

6 Case study Results of the pilot round: Applications received: 270
Winners selected: Grant sizes: $7,000 - $50,000 Total Grants: $450,000 Total Jobs created: 800 jobs Cost benefit ratio: $560 per job

7 Examples of projects SOS MISKINES Cash for plastic trash GUIDE
The Miracle Tree SOS Miskines Idea: Cash for plastic trash. New opportunities for youth from an abundant resource – plastic trash Impact: Create 37 Jobs in first year then expand the project with the profit earned. Moringa, GUIDE In a nutshell:  Growth and commercial exploitation of Moringa tree, a rapidly growing and extremely nutritious plant. The Idea:    The Moringa tree is famed for being a nutritional dyna mite as shown in the figure below. GUIDE wants to grow the plant in Pita and Labé, Guinea. They plan to make a health supplement with the plants’ leaves that they will sell at both at markets and through a network of 100 health centers in the 2 regions. Impact: The project will create employment for 20 young women, during the first year of production the cooperative will focus on the commercialization of the leaves alone. During the second year the youth cooperative will be able to continue producing leaves as well as higher value products such as the Moringa Oil and water purifying seed cakes.

8 Policy Recommendations
Building the evidence on what works and why Impact evaluations of ye projects have shown that comprehensive training programs and Targeting disadvantaged youth can be an effective approach, BUT Knowledge of what works is incomplete. Even worse, policy-makers are overestimating the effectiveness of programs. The knowledge gap particularly serious in developing countries. Program success is far from guaranteed Evidence from the YEI shows that only 60% of programs appear to yield positive impacts and this falls to 33-44% when cost effectiveness is taken into consideration … which highlights the need for: diagnosis of the obstacles, sound design and implementation, and monitoring effectiveness, adjusting programming as needed. Interventions tend to be more successful in developing and transition countries than in advanced economies. There is no silver bullet: policy-makers should consider which type of intervention best addresses the problem of concern.

9 Areas for cooperation Evaluation Clinics
Expanding the Youth to Youth Fund Evaluation Clinics Bench marking youth employment Youth Employment Inventory benchmarking youth employment policies in 20 developing and emerging countries (see the first benchmarking report on our website network of countries that volunteer to make youth employment a priority, youth employment inventory, the only global repository on results of youth employment programs which is a project of World Bank, ILO, YEN and a couple of other agencies see our experiences in running youth employment projects in West Africa and in evaluating them through impact assessments.

10 Thank you for your attention
______________________________________ Contact Information: Website: Tendai Pasipanodya West Africa Coordinator


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