youth unemployment tagged posts

Very important meetings

There will be two importnat meetings concerning youth employment in the coming weeks.
On the 20th of June Employment and Social Affairs Ministers will meet in Luxembourg regarding youth employment and the youth guarantee, for more information on this see:
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Youth Forum Interview with Europarl TV

Following the YO! Fest the Youth Forum’s Secretary General, Giuseppe Porcaro, did an in-depth interview with Europarl TV on young people and Europe.
The first part of the interview focuses on youth participation and the European elections next year, the second part focuses on youth employment. Particularly the youth guarantee and the need to invest further in the scheme
You can watch the interview at the following link:
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EU plans “lost generation” fund to fight youth unemployment

EU plans “lost generation” fund to fight youth unemployment

By Luke Baker
BRUSSELS | Wed Feb 6, 2013 3:50pm GMT

(Reuters) – European Union leaders are expected to set aside more than 5 billion euros from the EU budget to tackle the bloc’s soaring and costly youth unemployment when they meet for a summit in Brussels on Thursday.

The aim is to get to grips with the debilitating unemployment caused by the region’s debt and economic crisis. There are estimates that youth joblessness is costing the EU up to 150 billion euros a year, or around 1.2 percent of GDP.

Youth unemployment now exceeds 25 percent in 13 of the EU’s 27 member states, while more than half of those aged 15-24 in Spain and Greece out of work. Economists warn of a lost generation unless a way is found to resolve the problem.

“High youth unemployment has dramatic consequences for our economies, our societies and above all for young people,” Laszlo Andor, the European commissioner for employment, said when he presented plans for a fund late last year.

If leaders can agree – and that depends on them ...

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Unemployment statistics for the EU for December 2012

In December 2012, 5.702 million young persons (under 25) were unemployed in the EU27, of whom 3.624 million were in the euro area . Compared with December 2011, youth unemployment rose by 237 000 in the EU27 and by 303 000 in the euro area . In December 2012, the youth unemployment rate was 23.4% in the EU27  and 24.0% in the euro area , compared with 22.2% and 21.7% respectively in December 2011. In December 2012 the lowest rates were observed in Germany  (8.0%), Austria  (8.5%) and the Netherlands  (10.0%), and the highest in Greece
 (57.6% in October 2012) and Spain  (55.6%).
With regards to the overall unemployment rate, in the euro area (EA17), the seasonally-adjusted unemployment rate  was 11.7% in December 2012. The EU27 unemployment rate was 10.7%...
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Joan Burton : We must give hope to Europe’s youth


Ireland’s welfare system should be a springboard as well as a safety net for our unemployed, writes Joan Burton

Let’s start with the figures, because they’re simply horrendous. Across Europe right now, 5.5 million young people – one in five of those aged between 15 and 24 who are on the labour market – are without a job. In some individual member states, the situation is even worse.

In Spain and Greece, it’s one in every two young people on the labour market, with youth unemployment rates above 50 per cent. In Ireland, the rate is 32 per cent, which corresponds to about 61,000 young people.

This is not just a problem. It’s an existential crisis for the European Union. The economic cost has been estimated at more than €150bn a year, or 1.2 per cent of EU GDP. But how do we measure the social cost, the terrible and potentially lasting effects of unemployment on the young people themselves?

The internationally respected economists David Bell and David Blanchflower found that even a short spell of unemployment when young can have devastating effects throughout a person’s life.

Youth unemployment increases the lik...

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Irish Presidency of the EU: overview of priorities

Here you will find the Irish Presidency of the EU overview of priorities: youth unemployment is one of the main features.

In the EU Article attached Irish MEPs have defined their different hopes for the Irish Presidency, two of the MEPs listed the youth unemployment issue as their top priority and another focused on austerity measures:

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Employment and Social Developments in Europe Review

Yesterday the European Commission launched the 2012 edition of the Employment and Social Developments in Europe Review. This is a very interesting document for anyone interested in employment or social inclusion policy in Europe. The Report itself it very long, so if you don’t have the time it takes to read it I have attached the FAQ document, which includes a really good synopsis and explanation of the reason why there is growing poverty and divergence between the North and South of Europe.
A frequent question that people working on youth employment is why should young people have specific policies and investment, well this question is very aptly addressed in the report...
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Youth Guarantee

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