MCLEAN, Va - Thursday, April 3rd 2014 [ME NewsWire]
(BUSINESS WIRE) Today the Center for Strategic and International Studies (CSIS) and International Youth Foundation (IYF), with support from Hilton Worldwide, released a groundbreaking tool, The Global Youth Wellbeing Index, that examines the quality of life for youth in 30 countries. The Index assesses youth wellbeing across six interconnected areas: citizen participation, economic opportunity, education, health, information & communications technology and safety and security. Representing nearly 70 percent of the world’s youth population, the Index is the first comprehensive measurement of youth wellbeing and will help policymakers, donors, businesses and young people make strategic investments in youth programming and elevate youth issues to the top of the global agenda.
Although youth ages 10 to 24 comprise a quarter of the world’s population, they remain an underutilized source of innovation, energy, and enthusiasm. In fact, 74 million youth worldwide are unemployed, and nearly one-quarter of the world’s youth are neither working nor studying. Yet, at a time when policy and investment decisions to address these challenges are increasingly data-driven, existing data on youth development and wellbeing is often fragmented, inconsistent or nonexistent.
Key findings from the Index include:
85 percent of the world’s youth represented in the Index experience lower levels of wellbeing
Across countries, scores indicate youth are strongest in health and weakest in economic opportunity
Even where young people are doing relatively well and display success in certain areas, they still face specific challenges and limitations
How young people feel about their own wellbeing doesn’t always align with what the objective data suggests
While richer countries, such as Australia and Sweden rank higher in overall youth wellbeing, income is not always a predictor of rank. In Russia, a high income country, young people are not necessarily benefitting from strong economic growth as evidenced by its lower ranking. Vietnam also scores well overall, outranking its income group peers.
“As a leading global hospitality company, we recognize that helping to improve the quality of life for young people around the world is critically important not only for society, but also for our business,” said Christopher J. Nassetta, president and CEO, Hilton Worldwide. “Young people are the next generation of our Team Members and guests. Having a more holistic, data-driven analysis of the state of their wellbeing will enable us to make more strategic decisions and investments to address their needs.”
The Index follows a recent announcement from Hilton Worldwide to address youth unemployment and bridge the talent gap. Open Doors is a global commitment that aims to empower at least one million young people to reach their full potential by 2019 by connecting them to the world of travel, preparing them for success in the world of work and beyond and employing them at more than 4,000 owned, managed and franchised hotels worldwide.
“This Index is an invaluable investment guide that will help governments, foreign aid agencies, companies and philanthropies decide where their resources are most needed and will do the most good,” said Bill Reese, president and CEO, International Youth Foundation. “We also hope this comprehensive look at the challenges facing today’s young people will elevate the global conversation around critical issues such as youth employment and inspire greater action in response.”
The release of the Global Youth Wellbeing Index is an outgrowth of the commitment Hilton Worldwide and IYF made at the 2012 Clinton Global Initiative Annual Meeting to address the youth employment challenge and the need for better youth related-data to assess how young people are faring around the world. CSIS was brought in as a partner to develop and advance the Index, which is the flagship project of the Youth, Prosperity and Security Initiative at CSIS. In addition to the Index, Hilton Worldwide supported IYF in developing a white paper, Creating Opportunities for Youth in Hospitality, which highlights career opportunities for youth in the global hospitality industry.
More information about Hilton Worldwide’s global commitment to create opportunities for young people and a full copy of the Global Youth Wellbeing Index is available atyouthindex.org and hiltonworldwide.com/youth.
About Hilton Worldwide
Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 94 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company’s portfolio of ten world-class global brands is comprised of more than 4,000 managed, franchised, owned and leased hotels and timeshare properties, with more than 678,000 rooms in 91 countries and territories, including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®.
About the International Youth Foundation
The International Youth Foundation (IYF) invests in the extraordinary potential of young people. Founded in 1990, IYF builds and maintains a worldwide community of businesses, governments and civil-society organizations committed to empowering youth to be healthy, productive and engaged citizens. IYF programs are catalysts of change that help young people obtain a quality education, gain employability skills, make healthy choices and improve their communities. To learn more visit www.iyfnet.org/.
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International Youth Foundation