Americans aren’t the only ones worried about jobs. Globally, employment is one of the highest indicators of wellbeing and is positively linked with GDP.
According to a Gallup study, 40 percent of the global workforce (those who are able and willing to work) was employed full time for an employer in 2009 and 2010. Such employment, however, is anything but equal opportunity. Significant discrepancies exist between employment among men and women and between older adults and younger adults.
Of the worldwide population of adult males, 33 percent are employed full time for an employer versus 18 percent of all women. The gap is widest in the Middle East, North Africa and South Asia, where men are three times as likely as women to be employed full time. Of course, many women choose not to work full time, but even among those who are working, available for work or actively looking, the number of unemployed or underemployed women is significantly greater than among men.
Similarly, young adults are twice as likely to be unemployed. Twelve percent of adults under 30 report being unemployed, more than double the 5 percent of unemployed 30- to 49-year-olds. Higher unemployment among young adults is true in all regions, but is highest in the Middle East and North Africa, Europe and the Americas.