[ASK-Y] Session 3: Why is Youth Unemployment Prevalent? Young People vs. Poverty and Unemployment
Asia Society Korea convened the third session of the 2022 Asia Society Korean Youth (ASK-Y) panel discussion on youths, poverty, and unemployment.
The third session, Why is Youth Unemployment Prevalent? Young People vs. Poverty and Unemployment focused on the fundamental concerns relating to youth unemployment and poverty. Schoni Seung Hyun Song, a policy consultant at a policy consulting firm here in South Korea and the creator of the Asia Society Korea ASK-Y program, and Nathasha Dharmasena, who is currently an intern at the Milken Institute and a member of the Wedu Global network of women changemakers as well as the winner of the previous 2021 ASK-Y program, participated as mentors for the session. Kit Nicholson, Masters in Arts Management & Administration student at The SDA Bocconi School of Management, moderated the session.
The concept of financial literacy was discussed during the workshop, emphasizing how crucial it is for youths to comprehend and employ a variety of financial skills in today's world. The three presentations—each made in pairs—discussed a particular subject, such as unpaid internships, salary transparency, conflict and migration, educational access, and entry into the job market. The panel actively questioned and debated a wide range of other topics, including young poverty rates, gender disparities in the workforce, and youth unemployment around the world.