Youth Unemployment – Europe

Unemployment of Europe’s young people soars by 50%, By Ian Traynor, April 16, 2012, The Guardian: “Unemployment among Europe’s young people has soared by 50% since the financial crisis of 2008. It is rising faster than overall jobless rates, and almost half of young people in work across the EU do not have permanent jobs, according to the European commission. Three policy papers obtained by the Guardian outline action to create 17.5m jobs in Europe by 2020, but paint a grim picture of prospects for Europe’s youth and underline how the sovereign debt crisis of the last two years has widened the gap between the eurozone’s successful northern core and its failing periphery. Three out of 10 people currently losing their jobs are under the age of 24, although the young represent only a tenth of the labour force, the commission study says…”