Youth between Labour Market and NEET - Critical Review on the Foresighted Challenges

Abstract

This paper critically reviews the challenges and the opportunities of youth in the labour market based on the work of Halvorsen and Hvinden (2018) and synthesis of the author on the subject. The conditions of the labour market in relevance to youth today is reviewed with a specific focus on the issue of Not in Employment, Not in Education and Not in Training NEET. Then the role of social regulations in closing youth NEET gap is investigated. The challenges of the labour market on youth today and the foresighted future are explored to see the best possible solutions.The critical review recommends further focused comprehensive social protection system that brings in solutions that meet and close the increasing gap of the contemporary and future market demand and dynamics on youth and their economic contribution opportunities.