The FINANCIAL — The COVID-19 pandemic has had a huge impact on society and especially on young people. Youth unemployment is again on the rise. In the Middle East and North Africa for example, almost one out of three young people is unemployed. Efforts are needed now more than ever to support young people and avoid a ‘lockdown generation’.
Against this backdrop, Nestlé and the Alliance for YOUth announced today that they will create 300 000 new job and training opportunities for young people across Europe, the Middle East and North Africa by 2025. Despite the pandemic, Nestlé and its 300 alliance partners are committed to continuing their efforts to provide young people with their first jobs, apprenticeships and traineeships. Moreover, the Alliance for YOUth also wants to equip the young generation with the right digital and green skills to shape the society of tomorrow.
Speaking at the Alliance for YOUth online event, Nicolas Schmit, European Commissioner for Jobs and Social Rights said: “The Alliance for YOUth initiative is a model of business cooperation that others can take inspiration from, having already exceeded its original target of offers.”
Today’s commitment follows on from the more than 450 000 jobs and training opportunities the alliance has created since its launch in 2014.
Nestlé has implemented the goals of the alliance under its own initiative – Nestlé needs YOUth. Its main objectives are to create job and training opportunities for young people and to support young farmers in scaling up sustainable agriculture practices.
It also helps young people build digital skills and become more entrepreneurial, preparing them to deal with topics like climate change and digital transformation. By 2025, Nestlé will create 20 000 jobs as well as 20 000 apprenticeship and traineeship opportunities.