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  • Minister Hanna has urged young people to embrace innovation and entrepreneurship in a changing world.
  • Minister Hanna said that global youth unemployment was “close to crisis peak”.
  • The Minister advised young people to study trends in the global job market.

The Minister of Youth and Culture, the Hon. Lisa Hanna, MP has urged young people to embrace innovation and entrepreneurship in a changing world.

Addressing the Marketing Seminar organised by final year students at the University of Technology School of Business Administration on Wednesday, February 26, Minister Hanna said that global youth unemployment was “close to crisis peak” and one of the approaches to tackling the problem was “through empowering innovation and establishing new youth business ventures.”

The Minister advised young people to study trends in the global job market. Minister Hanna said the traditional job for life era was gone and warned that too many youth were “still seeking training for jobs that would not exist in a few years while the skills that will provide the greatest opportunities were being ignored.” Minister Hanna said:

“In order for us not to be marginalised in the global economy, we have to solve the problem of the disconnect between our young people’s understanding of economic fundamentals, capital markets and the global economy.  We must empower them to go outside of their comfort zones, break from traditional career paths without fear, and to think big.

“For us to succeed, we will need more entrepreneurs with innovative business solutions and multi-skilled person to create the necessary jobs.”