THE projected decline in youth unemployment in the developed economies region is not expected to be enough to pull the global rate downwards, as per the ILO.

The paper states the the global youth unemployment rate will reach 12.9 per cent by 2017 - up 0.2 percentage points from forecasts for 2012.

The impact of the euro crisis is expected to expand well beyond Europe, affecting economies in East Asia and Latin America as exports to advanced economies have faltered.

In North Africa and the Middle East, youth unemployment rates are projected to remain above 25 per cent over the next years and might even rise further in parts of these regions.

Youth unemployment rates are forecast to rise from 9.5 per cent this year to 10.4 per cent in 2017 in East Asia, with little change projected in Latin America and the Caribbean and in Sub-Saharan Africa.