
Why young people must be at the heart of the COVID-19 recovery
Young people are three times as likely as adults over 25 to be unemployed. As the global economy recovers, we must reskill them for the future of work.
Crescent Petroleum, one of the oldest private oil and gas companies in the Middle East, has over 40 years of experience as an international operator in countries including Egypt, Pakistan, Yemen, Canada, Montenegro, Tunisia, Argentina, the United Arab Emirates and Iraq. Headquartered in Sharjah, United Arab Emirates, Crescent Petroleum has international offices in the United Kingdom and three locations across Iraq, and affiliated offices in Egypt and Bahrain. Crescent Petroleum is the core company in the Crescent Group, a family business now in its fifth decade and including interests across five continents in port management, logistics, contracting, private equity and real estate.
Young people are three times as likely as adults over 25 to be unemployed. As the global economy recovers, we must reskill them for the future of work.
Labour underutilization in the early stages of a young person’s career has long term effects, including reduced employment opportunities and earning potential decades later.
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