Accenture & the Global Opportunity Youth Network
The future is young!
GOYN and Accenture, with multi-stakeholder inputs—YOUR INPUTS—aim to find tangible, sustainable and meaningful employment solutions and career paths for South Africa’s youth. No more skill and job traps.
What’s different about GOYN’s approach
The youth challenge is significant and growing
Of a 1.8 billion global youth population, 90 percent live in developing economies, with huge concentrations in South Asia and Sub-Saharan Africa.
267 million, approximately 1/5 of the world’s population are Opportunity Youth—young people aged 15-29 who are out of school, unemployed, or working in informal jobs.
In South Africa, unemployment is at 29 percent. Youth aged 16 to 24 make up 57 percent of the unemployed.
The prospect of a lost generation looms large, with unemployment in South Africa projected to reach 50% as a result of COVID-19, which will have knock-on effects on youth unemployment.