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Youth Unemployment in Europe


Sorry - this page is on hiatus; the final paper has been submitted.

(1)
From "Germany sees 'revolution' if welfare model scrapped" by Ingrid Melander and Nicholas Vinocur, Reuters, May 28, 2013
http://news.yahoo.com/germany-france-italy-urge-youth-jobs-plan-110619643.html

German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, while abandoning the continent's welfare model in favour of tougher U.S. standards would cause "revolution".

Germany, along with France and Italy, backed urgent action to rescue a generation of young Europeans who fear they will not find jobs, with youth unemployment in the EU standing at nearly one in four, more than twice the adult rate.

"We need to be more successful in our fight against youth unemployment, otherwise we will lose the battle for Europe's unity," Schaeuble said.
"We have to rescue an entire generation of young people who are scared. We have the best-educated generation and we are putting them on hold. This is not acceptable," Italian Labour minister Enrico Giovannini said.

Ministers said policies aimed at boosting youth employment must focus on small and medium-sized enterprises as they are the main entry point to the labour market for most.

More than half of Spain's under 25-year-olds are jobless, as are nearly 40 percent in Portugal. In Greece, youth unemployment shot to a record 64 percent in February.

In March 2013, the lowest youth unemployment rates were in Germany and Austria, both below 8 percent, highlighting the wide disparities within the EU.

(2)
The number of people aged between 15-29 years that are not in education, employment or training in Italy rose by 21 percent from 2008 to 2012, to 23.9 percent.
Source: Italy aims to axe youth jobless rate below 30 percent: PM, Reuters, June 1, 2013.

(3)
Europe's Record Youth **Unemployment**: The Scariest Graph in the World Just Got Scarier:
Europe's job market is a historic disaster. The EU unemployment rate set a new all-time high of 12.2 percent, according to today's estimates. But it's the youth unemployment crisis that's truly terrifying. In Spain, unemployment surged past 56 percent, and Greece now leads the rich world with an astonishing 62.5 percent of its youth workforce out of a job.

Also see The potential of ICT for the socio-economic inclusion of groups at risk of social exclusion and poverty.

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