There’s no future
without young people:
a shared challenge
WHAT IS THE E3 CHALLENGE?
The E3 CHALLENGE is an alliance of companies committed to reducing school dropout rates and boosting the employability of at-risk youth.
We are committed to promoting joint solutions to enhance the talent of youth and contribute towards their professional future.
PARTNERS
THE CONTEXT.
THE DATA IS IMPROVING BUT WE CAN’T FORGET THAT WE ARE STILL LEADING IN THE NEGATIVE.
We have good news! Youth unemployment and early school leaving have been reduced and we are getting closer and closer to achieving the goals set out in the 2030 Agenda. Even so, we cannot relax as Spain continues to lead the ranking of youth unemployment and is in second position in terms of the early school dropout rate in the European Union.
Sources: INE 2021 T4 and Eurostat Jan. 2022
Sources: EPA Jan. 2022 and Eurostat May 2023
The pandemic has accelerated the trend towards labour market mismatch. This imbalance can be seen in the Beveridge Curve, which represents the inverse relationship between the unemployment rate and the vacancy rate, that is, the unemployment rate is falling too slowly for all the jobs that companies indicate they need.
The Beverigde curve reveals a huge mismatch in the labour market in the Eurozone
Millions of vacancies match millions of unemployed.
THE EDUCATION SYSTEM IS STILL UNBALANCED.
There are many people with only basic education and many others with a university degree, but the percentage of intermediate level profiles is very low. In addition, there is a mismatch between the training of the population and the “new” jobs that are created, which are unknown or unattractive to young people.
Spain
Levels
5 / 6
Tertiary and university
3 / 4
Secondary – Intermediate level
0 / 2
Pre-school – Primary school
Germany
Youth unemployment
Spain 30,7%
Youth unemployment
Germany 5,7%
THANKS TO THE ALLIANCE OF COMPANIES, WE ARE MANAGING TO IMPROVE THE SITUATION OF YOUNG PEOPLE.
In 2008, at the height of the crisis, early school leaving stood at 31.7%. Our response was to launch the Coach Project.
If 14 years later, we have managed to reduce it to less than half (13.3%), we are convinced that together and thanks to the launch of the E3 Challenge Empowering Education and Employability, we will achieve the goal of the 2030 Agenda and reduce it to 9%.
TOGETHER WE CAN CHANGE YOUNG PEOPLE’S FUTURE.
Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
Promote inclusive and sustainable economic growth, employment and decent work for all.
YOUR COMPANY AS PART OF THE E3 CHALLENGE.
Your company has a key role to play in improving youth education and employment, which has been further aggravated by the health crisis.
1.
To make professional opportunities visible in growing and consolidated sectors with job opportunities:
2.
Drive specialization for the recovery of:
3.
Showcase the talent of your employees to accompany and motivate professionals of the future:
WITH THE E3 CHALLENGE, EVERYONE WINS.
WHAT ARE YOU WAITING FOR TO JOIN THE E3 CHALLENGE?
Please fill in the form below and we’ll get in touch with you to personally explain the different ways your company can participate
