Solutions for Youth Employment (S4YE), housed in the Labor and Skills Global Solutions Group within the Social Protection Global Practice of the World Bank, is financed by the Jobs Umbrella Multi-Donor Trust Fund. S4YE acts as a strategic gateway to connect youth employment stakeholders with over 150 youth employment operations in the World Bank.
The Secretariat promotes knowledge on youth employment programs, shares global youth opportunities, and advances small-scale innovative youth employment solutions.
S4YE has built up a network of donors, governments, foundations, private sector companies, civil society organizations, and youth. Some of these partners include Accenture, Adecco Group, The African Capacity Building Foundation, Economic Research Forum, Global Affairs Canada, Federal Ministry for Economic Cooperation and Development (Germany), International Labour Organization, International Youth Foundation, Mastercard Foundation, Microsoft Philanthropies, National Skill Development Corporation, United Nations Youth Office, and Youth Business International.
This initiative addresses the challenge ahead – in the next 10 to 15 years, the Global South will have 1.2 billion young people ages 15 to 24 ready to enter the workforce but only 400 million will be employed, often in precarious jobs. Successful youth employment initiatives can help fill this gap.
S4YE is working over the next decade to continue fostering peer-to-peer learning sessions and thematic exchanges, strengthen youth representation and participation in World Bank events, and build a platform with World Bank regional teams to develop operational innovations with potential for scale.