The World Economic Forum and the International Finance Corporation, a member of the World Bank Group, have announced the winners of their global essay competition on youth unemployment, The Youth Jobs Innovation Challenge. The competition aims to give voice to young people on how to tackle the growing crisis of youth unemployment. More than 1.2 billion young people will enter the labour market in the next 10 years with only 300 million jobs awaiting them. Vidyadhar Prabhudesai was awarded second place for his entry.
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