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An interview with Peter Diamond

The United States faces short- and long-term challenges in reducing the unemployment rate and creating new jobs that call on its strengths. In this excerpted interview at the World Economic Forum in Davos, Professor Peter Diamond discusses the long-term consequences of youth unemployment and the challenges faced by today’s youth.

Education for employment in the Arab world

Last year, in partnership with the IFC and the Islamic Development Bank, McKinsey undertook a major research effort to explore the issue of youth unemployment in the Arab World. The Arab World is overwhelmingly young with the highest youth unemployment in the world.

Interactive

Does a traditional college education in the US still make sense given the costs and the state of the economy?

Between April and June 2012, hundreds of people weighed in on the debate, offering their opinions, submitting comments, and even changing their minds. Ultimately, 68% of people believe a traditional college education makes sense. Tell us what you think.

Voices on Society topics

  • v7-MGIEntrepreneurship Without Boundaries

    Entrepreneurs are solving complex societal challenges across the globe. It’s happening “at the table” within established organizations, “off the grid” on difficult terrain, and “on the web” in the digital world. Across this spectrum, we often find Millennial entrepreneurs leading the charge.

  • volume-kidsHow We Give

    Distinguished experts and donors share new insights on global giving trends and propose solutions to barriers that inhibit individual philanthropy aimed at improving social outcomes.

  • delivery-homethumb-altThe Art and Science of Delivery

    Delivery is both an art and a science. We think the art is in the innovation and adaptability of the actors and different delivery models, while the science lies in replicating and scaling those models.

  • v4-hollender-1The Socially Conscious Consumer

    How the global rise of socially conscious consumers can help drive environmental and economic sustainability.

  • diaspora-tempFinancing Social Change

    Across the globe, innovative new tools are helping fund social change.

  • the-role-of-woman-in-the-arab-springThe Rise of Social Movements

    Taking to the streets: The rise of the Arab Spring and Occupy Movements.

  • Beyond advocacy – business needs to get its head in the gameJobs for the young & restless

    Youth around the world have been particularly hard hit, registering disturbingly high unemployment numbers.

  • feature-cooperSocial innovation

    Can fresh thinking solve the world’s most intractable problems?

  • quadir-progressSocial entrepreneurs

    Can social entrepreneurs create large scale change?

  • cities-ruleCities

    As the global population becomes increasingly urbanized, what will the cities of the future look like?

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