In today’s fast-changing world, economic empowerment is key to changing young lives and ending poverty. What if we could help kids not just get by, but truly thrive? Save the Children’s programs are making this happen. They give young people the skills, connections, and paths they need to get good jobs or start their own businesses.
Save the Children is investing in today’s youth to shape tomorrow’s workforce. They give young people the knowledge and chances they need to succeed. This not only makes families more financially stable but also fills the next generation with hope and determination. It empowers them to build a better future for themselves and their communities.
Key Takeaways
- Save the Children’s youth employability programs equip adolescents and youth with practical skills, networks, and pathways to find decent jobs or build their own businesses.
- Investing in today’s youth prepares the workforce of tomorrow and provides the knowledge and opportunities they need to enter it.
- Economic empowerment leads to more economically secure households that can better provide for children, while igniting a spark of hope and resilience in the next generation.
- Save the Children’s programs aim to break the cycle of poverty and create a brighter future for young people and their communities.
- By empowering youth, Save the Children is transforming lives and inspiring kids to thrive, not just survive.
Table of Contents
The Importance of Economic Empowerment for Youth
Today’s world is full of challenges. It’s vital to give today’s youth the skills and resources they need. Save the Children believes that youth are the future. They need economic empowerment to break the cycle of poverty.
Preparing Today’s Youth for the Workforce
Save the Children’s programs focus on preparing youth for jobs. They offer skills and job links in emerging markets. This includes employability skills, entrepreneurship training, and vocational training.
Building Resilient and Sustainable Livelihoods
By investing in youth employment, workforce preparation, and livelihood development, Save the Children empowers youth. They aim to create sustainable livelihoods and break poverty cycles. This approach gives young people the tools to thrive in a changing economy.
“Financial stability, financial literacy, self-sufficiency, professional development, and economic mobility are all key to youth empowerment.”
| Key Aspect | Description |
|---|---|
| Financial Stability | Being able to provide for oneself and family without exploitation. It includes safe housing, food, health care, and budgeting. |
| Financial Literacy | Knowing how to manage finances. It covers budgeting, credit, taxes, investing, savings, and wealth growth. |
| Self-Sufficiency | Being able to provide for oneself and family. It emphasizes building social capital and healthy relationships. |
| Professional Development | Opportunities for skill and career growth. This includes training, education, grants, and mentorship. |
| Economic Mobility | The ability to improve economic well-being over time. It considers trauma and marginalization. |
Save the Children’s Youth Employability Programs
At Save the Children, we know how important it is for people to have stable jobs and income. That’s why we’ve created youth employability programs. These programs help young people get the skills and connections they need to find good jobs or start their own businesses.
We focus on what each local area needs. This approach has helped over 1 million young people in 47 countries.
Tailored Approaches to Local Labor Markets
Our programs are designed to meet the needs of young people. We teach them skills that are in demand locally. This way, we help them find jobs and make connections.
Practical Skills and Networking Opportunities
Our programs offer many practical skills and chances to meet people. Young people learn about finding jobs, starting businesses, and getting vocational training. They also get career advice, mentorship, and help finding jobs.
This support helps them succeed as they grow up and contribute to their communities.
| Key Statistics | Figures |
|---|---|
| Youth not in employment, education, or training in 2021 | 267 Million |
| Youth unemployment rate compared to adults | 3x more |
| Youth benefited from Save the Children’s programs | 1 Million |
“At Save the Children, we’re committed to empowering youth with the tools and opportunities they need to thrive. Our tailored youth employability programs are making a real difference in the lives of young people around the world.”
Breaking the Cycle of Poverty Through Economic Empowerment
Poverty can trap families in a cycle that lasts for generations. But, economic empowerment offers a way to break this cycle and create a better future.
Save the Children believes that economically secure households are key for children’s health and success. We teach deprived and at-risk adolescents and youth skills for jobs or starting their own businesses. This leads to more stable homes that can support children better.
Our programs aim to tackle intergenerational poverty by:
- Teaching practical skills needed in the local job market
- Helping find jobs or start businesses
- Supporting business startups and microfinance access
- Teaching financial literacy and money management
By empowering youth, we help them and their families and communities. This approach can break the cycle of poverty and unleash the next generation’s full power.
| Country | Key Statistic |
|---|---|
| Eswatini | The unemployment rate for people aged 15 to 35 is 58%. |
| Costa Rica | Women earn on average 20% less than men. |
| Guinea-Bissau | More than 1,000 women have participated in savings groups and microinsurance programs, leading to a 57% increase in food security. |
| Eswatini | 50 women joined the UNDP’s Powering Gender Equality initiative to explore renewable energy markets. |
| Guinea-Bissau | The “Kadjamor” savings group has increased women’s ability to meet financial commitments by 19%. |
By reducing poverty and empowering youth and women, we can build a fairer future. Together, we can harness the power of economic empowerment to ensure every child can thrive.
Economic Empowerment: A Multilevel Approach
Save the Children knows that economic empowerment needs a big plan. We teach youth employability skills and entrepreneurship training. This helps them succeed in jobs and start their own businesses.
We don’t just focus on the youth. We also help parents, teachers, and community leaders. This way, we build a strong support system for everyone.
Employability Skills and Entrepreneurship Training
Our training gives young people skills like communication and problem-solving. With entrepreneurship training, they learn to turn their ideas into real businesses.
Financial Literacy and Business Startup Support
We also teach financial literacy. This helps youth make smart choices about money. Our startup support offers mentorship and access to funding, helping young entrepreneurs succeed.
Save the Children’s approach makes a big difference. We empower individuals, families, and communities. This change has a positive impact on many lives.
“Economic empowerment is not just about increasing income – it’s about building the confidence, skills, and opportunities that enable people to take control of their own lives.”
The Transformative Power of an Empowered Worldview
Discover the power of an empowered worldview. Save the Children’s “Biblical Empowered Worldview” curriculum is at the heart of its THRIVE model. It builds confidence and shifts mindsets, focusing on identity, responsibility, and accountability. This curriculum is key to the success of Save the Children’s economic empowerment programs.
It frees people to be who God created them to be. It also inspires them to help themselves and others.
World Vision’s Empowered World View model helps people see their worth and power to change society. The THRIVE program in Malawi, funded by World Vision USA, empowers vulnerable households. It helps them move from dependence to dignity.
In communities where Empowered World View is used, lives are changed. People feel more responsible for their lives.
| Program Impact | Outcome |
|---|---|
| Hope | Participants reported increased levels of hope and a more positive outlook on the future. |
| Aspiration/Vision | Individuals set clearer goals and had a stronger sense of purpose and vision for their lives. |
| Identity | Participants developed a deeper understanding of their worth and potentials, with a stronger sense of identity. |
| Self-Esteem/Confidence | The program helped boost participants’ self-esteem and confidence, empowering them to take action. |
The power of an empowered worldview is clear in Save the Children’s results. By changing mindsets and building a biblical foundation, the organization fights poverty. It helps communities reach their full community development capacity.
“The Empowered World View approach has been provided to over 90% of the nearly 16,000 participants in THRIVE program activities, including male-headed, female-headed, persons with disabilities, and youth-headed households.”
Women’s Economic Empowerment: A Catalyst for Change
Promoting women’s economic empowerment and gender equality in the workforce is key to reaching the Sustainable Development Goals. More women in the economy means more growth. Their equality is good for businesses too.
Closing Gender Gaps in the Workforce
Women face big barriers, like laws limiting jobs and pay gaps. For example, in 2019, 53 economies didn’t protect women from workplace harassment. In 2018, a World Bank report showed 104 economies restrict women from certain jobs.
Promoting Women’s Economic Justice and Rights
Programs focusing on women, girls, and people with disabilities are vital. Organizations like WIEGO fight for women’s rights in the informal sector. This sector is huge in developing countries.
| Key Statistics on Women’s Economic Empowerment | Value |
|---|---|
| Gender gap in account ownership (2017) | 7 percentage points |
| Gender gap in mobile internet use (2018) | 23% |
| Women in informal employment (2018) | Over 90% in sub-Saharan Africa, 89% in South Asia, 75% in Latin America |
| Women’s representation in secondary education (2010) | 34% enrollment rate compared to 41% for boys |
| Women’s representation in parliaments (2011) | 19.4% |
Empowering women and fighting for their economic rights leads to a fairer society. Everyone gets a chance to succeed and help the community grow.
“When more women work, economies grow. If women’s paid employment rates were raised to the same level as men’s, the United States’ GDP would be an estimated 9 percent higher, the Euro Zone’s would be 13 percent higher, and Japan’s would be 16 percent higher.”
Overcoming Barriers to Women’s Economic Participation
Women worldwide face many obstacles to their economic growth. These include legal hurdles, social norms, and gender bias. They also lack access to land, finance, and technology. Save the Children tackles these issues with a detailed plan. This plan includes teaching financial literacy, supporting entrepreneurship, and pushing for policy changes.
Research shows that women’s economic role can boost the economy. It improves farming, business growth, and management. When women earn more, they often spend it on their families and communities. This helps everyone in society.
But women often hit roadblocks like unfair laws and limited property rights. They also struggle to get finance, technology, and market access. To help, we focus on financial inclusion, highlighting women in agriculture, and supporting business growth. We also aim to provide technology, build skills, and promote women leaders.
Save the Children wants to boost the income of 80 million low-income women in South Asia and Africa by 2030. By empowering women, we aim to build fairer and more inclusive societies. This way, everyone can reach their full capacity, no matter their gender.
“Worldwide, 350 million children of primary-school age and younger lack access to child care. This creates an estimated $1.7 trillion financing gap for women entrepreneurs.”
It’s vital to tackle the barriers to women’s economic participation for lasting growth. Save the Children uses a wide-ranging strategy. It includes specific actions, policy support, and a focus on gender equality. This helps women overcome challenges and succeed in the global economy.
The Value of Investing in Care Infrastructure
Unpaid care work is key to our economy’s success, yet it’s often overlooked. Women do most of this work, which holds them back from joining the formal job market. By investing in care services and jobs, we can fight gender inequality and boost our economy and society.
Recognizing and Supporting Unpaid Care Work
Work like childcare, eldercare, and household chores is vital but not valued enough. Globally, women do 76% of unpaid care work, three times what men do. The COVID-19 pandemic saw 2.5 million U.S. women leave jobs to care for family. It’s vital to value and support this work for gender equality and women’s economic power.
Creating Decent Care Jobs for Women
The care sector offers a big chance for women to find work. It has about 400 million workers worldwide and is worth $648 billion. But, care jobs are often low-paid and lack good working conditions. Investing in care can create better jobs for women, improve their lives, and help their economic growth.
| Statistic | Value |
|---|---|
| Child care costs more than in-state public college in 30 states | 30 states |
| More than half of all families live in child care deserts | Over 50% |
| The U.S. Department of Health and Human Services estimates that seniors will face $137,800 in future long-term care costs | $137,800 |
| Over 800,000 Americans were on waitlists for home- and community-based services in 2018 | 800,000+ |
Save the Children’s programs value unpaid care work and aim to help women in this area. They also create new jobs in care. By investing in care, we can unlock women’s economic power, fight gender inequality, and build a stronger workforce.
Partnerships for Sustainable Economic Empowerment
To achieve sustainable economic empowerment, we need to work together. Governments, the private sector, civil society, and communities must join forces. Save the Children uses partnerships to grow its programs, help local groups, and push for big changes.
When we work together, we can do more and make sure our efforts last. Save the Children brings everyone’s strengths together. This way, we can make big changes that last.
Save the Children works with each group’s unique skills. Governments help with policies, the private sector brings new ideas, and civil society knows the community well. This teamwork makes sure our efforts meet local needs and last over time.
“By working together, we can create an ecosystem of support that empowers people to build resilient and sustainable livelihoods.”
Save the Children is all in on partnerships for sustainable development worldwide. They’re growing programs that help young people find jobs and pushing for laws that help women in the economy. Their teamwork is changing lives.
In today’s world, we need to work together more than ever. By joining forces, we can do more and make the world a fairer, sustainable place for everyone.
economic empowerment: A Pathway to Inclusive Growth
Economic empowerment is key to inclusive growth. It means everyone gets a fair share of development’s benefits. Save the Children helps youth, women, and others by giving them skills and chances to succeed. This way, we build better and fairer communities.
Empowerment helps drive growth that includes everyone. In India, for example, women are mostly in informal jobs. But, they face barriers because of gender roles. Helping women economically unlocks their full power, leading to better growth and less poverty.
The heavy load of care work keeps women out of formal jobs worldwide. Save the Children tackles this by creating jobs for women in care and supporting unpaid work. This approach breaks down barriers, giving everyone a chance at economic success.
| Indicator | Value |
|---|---|
| Extreme poverty line | $2.15 per person per day |
| Global net-zero spending in 2020 | $1.4 trillion |
| Public and social spending on in-kind transfers for people below the empowerment line in 2020 | 20% of their consumption |
| Annual investment required to close the empowerment and net-zero gaps | 8% of global GDP |
| Potential to close half of the combined gaps through accelerated growth and business innovation | – |
| Annual average societal commitments to close the gaps | 2% of global GDP, $20 trillion cumulatively over a decade |
Investing in economic empowerment leads to a better future. Save the Children’s efforts empower people and communities. They help break poverty’s cycle and reach economic success.
“Economic empowerment starts with a global floor of $12 per person per day in PPP terms, with local adjustments based on specific country norms and costs.”
This approach to empowerment is vital for inclusive growth and development. It tackles inequality and empowers the marginalized. This way, we aim for a world that’s just and prosperous for everyone.
Measuring Progress and Driving Impact
At Save the Children, we focus on measuring progress and learning from our work. This is key to being accountable to the communities, our partners, and donors. We work with research groups to collect and analyze data. This helps us find evidence-based solutions that really work to fight poverty.
Our evidence-based approach to helping people economically starts with a clear plan. We pick important goals to track and use strong monitoring and evaluation systems. This lets us see how we’re doing and make changes as needed. It’s all about learning and adapting to help more people.
We team up with top research groups to use the latest tools to measure our impact. For instance, we use AI to look at data from all our projects. This helps us see how we’re doing against big goals like the Sustainable Development Goals. Being open and using data to make decisions is key to making our programs better.
“Measuring impact is key for using resources wisely, checking how past investments did, and keeping companies accountable. This is even more important as companies focus on being sustainable and caring for the environment.”
We’re dedicated to using evidence-based and data-driven methods to make a real difference. By working with communities, using new technology, and always learning and improving, we’re confident in our mission. We’re committed to helping individuals and families in a lasting way.
Conclusion
Economic empowerment is key to a fair and prosperous future, mainly for kids and teens. Save the Children uses a complete, evidence-based method to prepare the next generation. They give them the skills, resources, and chances they need to overcome poverty and succeed.
By working with communities, governments, and businesses, Save the Children is making these programs bigger. This helps create lasting, fair growth for everyone.
Save the Children offers vocational training, financial education, and support for starting businesses. This helps young people create strong, lasting jobs. The organization makes sure these programs fit the needs of the communities they help.
Save the Children also focuses on improving care and fighting for women’s economic rights. This helps close the gap between men and women in the workplace. It aims to make the future more fair for everyone.
The power of empowerment is clear. When people, families, and communities can control their money, they can escape poverty. Save the Children keeps track of how well they’re doing. This ensures their work keeps bringing lasting benefits for years to come.
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