Is Youth Unemployment Really the Major Worry?
Annamaria Artner
Journal of Contemporary Central and Eastern Europe, 2013, vol. 21, issue 2-3, 183-205
Abstract:
Youth unemployment is seen nowadays as one of the most severe problems in Europe. The leaders of the European Union (EU) devoted a whole summit to the issue in July 2013. The problem seems fierce not only because jobless youth is expensive for the society – EUR 153 billion or 1.2% of the GDP in the EU in 2011 – but also because it affects the future of it. If an increasing part of the new generation begins its adult life with the feeling of being unnecessary and having no chance to integrate into the mainstream society, the future will be burdened with more and more inexperienced and disappointed people with all the consequences of this. Therefore, the mitigation of youth unemployment is of the utmost importance. To be successful, however, we have to understand the magnitude and the roots of the situation.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:taf:cdebxx:v:21:y:2013:i:2-3:p:183-205
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DOI: 10.1080/0965156X.2013.863998
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