The world would be $1.1 trillion richer if it treated its young people more like Germany does

By Eshe Nelson

October 25, 2016

Just 10% of people aged 20-24 are out of work or not in school in Germany. As befits Germany’s reputation for efficiency and industrial success, this is one of the lowest levels in the world. If all 35 OECD countries reduced youth unemployment to German levels, the economic gain would be $1.1 trillion, according to a study by PricewaterhouseCoopers.

Switzerland ranks top in PwC’s “Young Workers Index,” which compares eight different measures of employment and education. Germany comes second. The US is number 10 on the list and the UK is 21st. Southern Europeans have fared the worst, showing the long-lasting impact that the financial crisis and European debt crisis have had on young people there. Italy came in last on the index, where 35% neither have jobs nor are in school. If Italy improved to Germany’s level, its GDP could increase by $156 billion, the report said. A separate report published last week showed that one in 10 Italians under 34 are living in poverty.

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Students explore Valley manufacturers at Manufacturing Day

News Release
October 13, 2016

FRESNO – In collaboration with Fresno County Office of Education, Institute of Technology (IOT) and over 100 community partners, the San Joaquin Valley Manufacturing Alliance hosted Manufacturing Day 2016.

Manufacturing Day, which takes place on the first Friday of October, is mean to celebrate manufacturing and “to inspire the next generation of manufacturers.” With over 2,000 events registered across the nation, companies and community organizations participate in Manufacturing Day by hosting open houses, public tours, career workshops and other events. (

On October 4, approximately 120 high school students from Fresno and Clovis partook in the 2016 event that was housed at IOT. Twelve local manufacturers opened their doors to students and provided tours of their facilities. In addition, students were provided lunch at IOT and the opportunity to network and visit with presenting organizations from across the Valley.


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Manufacturing Alliance enhances local education program

The Business Journal
By Valerie Shelton

September 30, 2016

Fresno area Career Technical Education (CTE) students will have the unique opportunity to tour a handful of local manufacturing companies Tuesday as part of Fresno County’s second annual Manufacturing Day.,/p>

The event is one of several initiatives spearheaded by members of the San Joaquin Valley Manufacturing Alliance (SJVMA), a group intent on bridging the gap between education and industry by enhancing local CTE programs to better prepare young adults for careers in manufacturing.

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