Although Indonesia is blessed with a demographic bonus, meaning that productive-aged people outnumber children and the elderly, many young graduates are having difficulties finding jobs because of a major skills gap. Youth unemployment for those aged 15 to 24 is a serious problem in Indonesia, according to a study on skilled labor within five Southeast Asian countries released on Tuesday by SMU and global financial services firm J.P. Morgan. Indonesia faces the most severe youth unemployment problem with close to 20 percent of the country’s youth not being able to find a job, a level that is close to that in the crisis-hit eurozone and the highest among the countries surveyed in the report, namely Malaysia, Singapore, Thailand and the Philippines.
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