Inaugural Global Youth Employment Agenda

London, 1st December 2010: CNBC, the leading business and financial news channel, and The Blackstone Charitable Foundation will host a meeting on youth unemployment this Thursday and Friday, December 2nd and 3rd . The Inaugural Global Youth Unemployment Agenda will address the troubling rise in youth unemployment across the globe and attempt to engage the public and private sectors.

Global unemployment, for people under 25 is currently at 81 million and counting according to The International Labour Organization (ILO). The ILO believes the world could be faced with ‘A Lost Generation’.

High-profile business and political leaders as well as representatives from select NGOs will gather in London to discuss measures that governments and business need to take to create jobs; how education systems and business can be better aligned; and what needs to be done to promote entrepreneurial solutions to employment problems.

Beginning this Thursday evening, the Global Youth Employment Agenda will be broadcast live on CNBC’s Closing Bell (8-10pm GMT), hosted by Maria Bartiromo. Live and taped interviews throughout the evening include:

Stephen A. Schwarzman, Chairman and CEO, The Blackstone Group

Peter Löscher, President and CEO, Siemens AG

Jose Manuel Salazar-Xirinachs, Executive Director, International Labor Organization

Aditya Mittal, CFO, Arcelor Mittal

William Reese, President, International Youth Foundation

George Osbourne, Chancellor of the Exchequer

José Luis Rodriguez Zapatero, Spanish Prime Minister.

On Friday morning, CNBC’s Squawk Box Europe (6am-9am GMT) hosted by Geoff Cutmore, will broadcast live from the event which will be followed by keynote speeches and three panel sessions. Expert speakers include:

Chris Grayling MP, UK Employment Minister

Benjamin Todd Jealous, President & CEO, NAACP

Ian Cheshire, GroupCEO, Kingfisher Group

Jan Muehlfeit, Chairman, Microsoft Europe

David Arkless, President Corporate & Government Affairs, Manpower

The agenda will close at 12.30pm with a speech from Sir David Bell, Former Chairman of The Financial Times & Pearson, Inc.

CNBC will produce a special reports page on the Global Youth Employment Agenda that will feature videos from the meeting, news analysis, guest blogs and more. The page will go live Thursday morning 2 December on

As part of CNBC’s on-going commitment to this issue, it will also be hosting a debate on the topic at the World Economic Forum in Davos in January 2011.

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