Employment rate for young Walloon jobseekers rises for second year runnings
Monday, 24 August 2015
In 2014, for the second consecutive year the employment rate for young jobseekers (those aged 18 to 24) rose in Wallonia, according to a study carried out by Forem (the region’s office for professional training and employment). Last year, this rate was 54.4%. “The downward trend observed between 2007 (61%) and 2012 (53%) thus seems to be in check”, observes Forem. It appears to take people on average 67 days to get their first job. This trend is accompanied by a continuous decrease in the number of jobseekers under the age of 25. There was a fall of 8.2% between July 2014 and July 2015. “These figures show that Wallonia has returned to its pre-financial crisis level. Indeed youngsters comprise an age category which is particularly sensitive to economic elements,” emphasises Forem.
In the study, the Walloon office for professional training and employment further observes that “having a degree remains a key factor in entering the employment market.” The studies show that the qualifications leading to the highest rates of employment and entry at the most senior levels are the Baccalauréat (73%), apprenticeships or courses with work-related training (63%) and a master’s degree (57%). Thus, “the pathways more focused on the practice of a profession or trade, which allow for work-based training during the course (the bachelor’s degree and apprenticeships) have higher employment rates.”
The study also shows that there seem to be three growth sectors for the young public: accommodation and food, specialised scientific and technological activities, and administrative and support services. “Other sectors such as business, construction, management, the manufacturing industry, teaching, as well as health and the social care sector, should also be included as they employ a significant volume of youngsters. More than one person in four in the target sample obtained their first job via a temporary role,” notes Forem.