debating progressive politics in Europe and beyond
Economists don’t know how to measure youth joblessness. One thing we have learned from the economic crisis is that we need better ways of measuring economies, at both national and global levels. The economics profession missed an $8 trillion housing bubble in the United States, as well as housing bubbles in Spain, Ireland and the [...]
The most recent Eurostat data – from spring 2012 – paint a stark picture: over 50 per cent youth unemployment in Greece and Spain, over 30 per cent in Bulgaria, Italy, Portugal and Slovakia and a European average of 22 per cent. The danger of a »lost generation« is no longer merely the writing on [...]
Youth unemployment has reached disturbing proportions in advanced economies and most notably in the Euro zone.[1] This has emerged against the grim background of a lingering recession. Growth in the Euro zone has been virtually zero in the most recent quarter. Spain and Greece have the dubious distinction of having more than 50 per cent [...]
Estonia has lately been used as an austerity success story. In 2011, it had a faster economic growth pace than any other country in the European Union, at 7.6 percent (http://www.stat.ee/57509?highlight=majanduskasv). Estonia is also the only EU member with a budget surplus, and had the lowest public debt in 2011 – 6 percent of GDP. [...]
German youngsters are not as much affected by the current financial crises as their counterparts in other European countries. Nevertheless patterns of labour market entry have undergone some changes. In Germany rates of youth unemployment are still low compared to European standards. This indicates the tight link between the labour market and educational systems resulting [...]
The last crisis has merely amplified what is an increasingly problematic structural issue in France: Youth unemployment. In the last 30 years, the youth unemployment rate has never dropped below 15% and has regularly exceeded 20%. Yet, integrating young people into the labour market has been an ongoing public policy objective since the end of [...]
Italy is not much different from other EU countries, and in particular South European countries, as to the recent evolution of the youth unemployment rate (YUR) at the time of the Great Recession. Figure 1 shows the progression of the youth and adult unemployment rates (YUR and AUR since now) by gender from 1993 till [...]
The Nordic countries are often considered as having the same type of welfare of states with only small differences between them. There are many similarities. The Nordic countries are characterized by small income differences, ambitious welfare policy programmes and strong labour market organisations. But if we compare the four countries more closely, we will also [...]
The Slovak labour market is greatly affected by the current economic crisis. After three years of real GDP growth at 5 to 10%, in fixed prices from 2002 to 2008 (peaking at 10.5% at 2007), there was a decline of 4.8% in 2009, and an increase of 4% in 2010. This decline affected mostly employment; [...]
Sergei Stanishev, President of the Party of European Socialists, discusses Europe’s youth unemployment crisis with Henning Meyer, Editor of Social Europe Journal. This article is part of a project on youth unemployment in Europe run by the Friedrich-Ebert-Stiftung and Social Europe Journal
The Great Recession of 2008 has had a significant social impact on Spain, where the effects on the labour market caused by the change in the economic cycle have been more profound than in other European countries. The consequence has been a severe decline of employment and a marked rise in the unemployment rate, which [...]
This is a brief presentation of the latest developments of youth unemployment in Bulgaria. It aims to address whether or not the recent trends are a continuation of the impacts of the economic crisis on youth participation in labour markets. The only data used is from the Bulgarian National Statistics Institute Labor Force Survey (NSI [...]
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