EU faces 'lost generation' of almost 8 million young people

Written by Super User 13 Sep 2012

The European Commission has indicated it is going to delve further into the employment, social and education policies of member states as it seeks to tackle the job crisis in the EU. The continued eurozone crisis, now in its third year, has seen the Commission make recommendations in policy areas that, pre-crisis, were considered an absolute taboo. OECD secretary general Angel Gurria at the same conference pointed out that for the EU to reach its 2020 goal of having 75 percent employment in the Union, then 17 million jobs will have to be created. Gurria referred to a ‘potentially lost generation’ of 7.8 million young people who neither have a job nor are in education or training. He added that policy-makers are facing a new phenomenon of ‘structural long-term unemployment’ where people are unemployed for over two years, and the longer they are unemployed, the harder it is to get a job when one is available. Employment Commissioner Laszlo Andor called it a ‘jobs crisis.’

Pray: that ways would be found to meet the needs of the many unemployed, especially the young. (Tit.3:14)

More: http://euobserver.com/economic/117458

 

Additional Info