Concept Note - Pacific Summit and Policy Dialogue on Youth Entrepreneurship

Unemployment is the most critical challenge that young people globally confront today. The challenge is particularly acute in the pacific region where jobs in the organised sector are few and far between, while those in the informal sector are often unstable, unsafe and poorly paid. Youth unemployment in the pacific stands at an alarming 23% (SPC, 2011) with young people 4.5-6 times (ILO, 2015) less likely to secure decent jobs relative to older people.