A Quick Guide To The Youth Unemployment Mess In Europe

spain youth unemployment

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Europe’s sovereign crisis has hit its youngest job seekers the hardest. The punishing austerity measures are only making the youth unemployment problem worse.But some of these countries have struggled with double-digit youth unemployment for decades and now risk losing a generation to emigration.

We drew on the latest data from Eurostat to pull together a picture of youth unemployment in Europe.

At least 15 countries on this list have a higher youth unemployment rate than the EU 27-country average of 22.3%. In most of these countries youth unemployment is double, and sometimes three times the rate of overall unemployment.

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[slide
permalink=”germany-1″
title=”Germany”
content=”Youth unemployment: 8.1%

Overall unemployment: 5.5%

Unemployment is falling in Germany and youth unemployment is down 1%, from 9.1% in November 2010. Germany and France are working on new measures to cut youth unemployment, and revive economic growth in Europe.

Source: Eurostat
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permalink=”austria-2″
title=”Austria”
content=”Youth unemployment: 8.3%

Overall unemployment: 4.0%

Austria’s youth unemployment is much lower than the EU average of 22.3%. Unemployment in the under-25 age group twice the national average, and unemployment is higher among females than males.

Source: Eurostat
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[slide
permalink=”netherlands-3″
title=”Netherlands”
content=”Youth unemployment: 8.6%

Overall unemployment: 4.9%

Netherlands’ youth unemployment rate of 8.6% is far below the EU average, but is marginally higher than it was in November 2010. Meanwhile the female unemployment rate is 5%, compared with 4.9% among males.

Source: Eurostat
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[slide
permalink=”malta-4″
title=”Malta”
content=”Youth unemployment: 14.3%

Overall unemployment: 6.4%

While Malta’s overall unemployment rate eased from November 2010 to 2011, its youth unemployment rate ticked up in the same period. The female unemployment rate of 7.1% is higher than the 6.1% for their male counterparts.

Source: Eurostat
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[slide
permalink=”luxembourg-5″
title=”Luxembourg”
content=”Youth unemployment: 14.7%

Overall unemployment: 4.9%

Luxembourg’s unemployment rate has ticked lower from 15.3% in September 2011 and 14.9% in November 2010. There is a marked difference in Luxembourg’s male and female unemployment rates which have held steady from 2010 to 2011. Male unemployment rate of 3.7% is lower than the 6.4% rate for females.

Source: Eurostat
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[slide
permalink=”denmark-6″
title=”Denmark”
content=”Youth unemployment: 14.9%

Overall unemployment: 7.8%

Denmark’s youth unemployment rate is down from 15% in September 2011, but up from 14% in November 2010.

Source: Eurostat
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[slide
permalink=”slovenia-7″
title=”Slovenia”
content=”Youth unemployment: 15.2%

Overall unemployment: 8.2%

Unemployment in Slovenia has ticked higher with the jobless rate rising from 7.7% in November 2010 to 8.2% in Nov. 2011. Slovenia has witnessed ‘in-work poverty’ with a rise in temporary job contracts which largely target the youth.

Source: Eurostat
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[slide
permalink=”czech-republic-8″
title=”Czech Republic”
content=”Youth unemployment: 19.0%

Overall unemployment: 6.7%

The Czech Republic’s youth unemployment rate is up from 17% in November 2010, and is close to the EU average of 22.3%. Meanwhile, the female unemployment rate of 7.7% is higher than the male unemployment rate of 5.9%.

Source: Eurostat
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[slide
permalink=”finland-9″
title=”Finland”
content=”Youth unemployment: 19.6%

Overall unemployment: 7.4%

Finland which has been noted for its successful schools has a stubbornly high youth unemployment rate, which is down from 20.8% last year, but close to the EU average of 22.3%. Unemployment among females at 6.7% is lower than the 8.1% rate for males.

Finland’s youth unemployment rate is being driven up in towns that are largely dependent on one industry for jobs.

Source: Eurostat
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[slide
permalink=”belgium-10″
title=”Belgium”
content=”Youth unemployment: 21.1%

Overall unemployment: 7.2%

Belgium has posted double-digit youth unemployment since 2002. close to EU average of 22.3%. The jobless rate among the under-25 age group, is nearly three times the overall unemployment rate.

Source: Eurostat
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permalink=”estonia-11″
title=”Estonia”
content=”Youth unemployment: 21.8%

Overall unemployment: 11.3%

Estonia’s youth unemployment rate has fallen from 25.8% in November 2010, and is now below the EU average. The high unemployment rate among the under-25 demographic has been attributed to larger number of young people are seeking jobs than before.

Source: Eurostat

Note: Data is for September 2011

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[slide
permalink=”uk-12″
title=”UK”
content=”Youth unemployment: 22.0%

Overall unemployment: 8.3%

UK youth unemployment has ticked higher and is up from 20.2% in November 2010. Youth that aren’t employed, in training, or studying, cost UK citizens €16 billion on average, or 0.9% of GDP.

Source: Eurostat

Note: Data is for September 2011

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[slide
permalink=”cyprus-13″
title=”Cyprus”
content=”Youth unemployment: 23.1%

Overall unemployment: 14.8%

Youth unemployment in Cyprus has jumped from 15.3% in November 2010. The jobless rate among the under-25 demographic is higher than the average EU youth unemployment rate.

Source: Eurostat

Note: Data is for September 2011

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[slide
permalink=”sweden-14″
title=”Sweden”
content=”Youth unemployment: 23.2%

Overall unemployment: 7.4%

Sweden’s youth unemployment rate is higher than the EU average and jumped from October to November 2011. Like Slovenia, Sweden has also seen an increase in ‘in-work poverty’, with a rise in temporary job contracts which largely target the youth.

Source: Eurostat
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[slide
permalink=”romania-15″
title=”Romania”
content=”Youth unemployment: 23.4%

Overall unemployment: 7.3%

Romania’s youth unemployment has held steady over the last year. Youth that aren’t employed, in training, or studying, cost the country €1.2 billion on average every year.

Source: Eurostat

Note: Data is for September 2011
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[slide
permalink=”france-16″
title=”France”
content=”Youth unemployment: 23.8%

Overall unemployment: 9.8%

France’s youth unemployment rate has increased from 23% in November 2010. The country has a high overall unemployment rate of 9.8% in line with the EU average. France and Germany have been in talks to introduce new measures aimed at cutting youth unemployment.

Source: Eurostat
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[slide
permalink=”bulgaria-17″
title=”Bulgaria”
content=”Youth unemployment: 25.6%

Overall unemployment: 10.9%

After falling to 24.7% in September 2011, from 25.8% in November 2010, youth unemployment in Bulgaria is inching higher. Unemployment among males is higher than among females.

Source: Eurostat
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[slide
permalink=”hungary-18″
title=”Hungary”
content=”Youth unemployment: 25.9%

Overall unemployment: 10.7%

Hungary’s youth unemployment eased from 26.1% in October 2011, but is higher than the 25.9% rate reported in November 2010. The Hungarian government recently passed a plan that would no longer give benefits to people who are capable of working, and would instead employ them in community service jobs.

Source: Eurostat
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[slide
permalink=”poland-19″
title=”Poland”
content=”Youth unemployment: 27.8%

Overall unemployment: 10.0%

Poland’s unemployment rate has surged from 23.8% in November 2010, but has dropped significantly in the last decade. Low investment and a surge in people returning to the country after living and working abroad is driving up the jobless rate.

Source: Eurostat
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[slide
permalink=”ireland-20″
title=”Ireland”
content=”Youth unemployment: 29.0%

Overall unemployment: 14.6%

Hit by austerity, Ireland’s youth unemployment rate is nearly in line with the 29.1% rate in November 2010. The 17.2% unemployment rate among males is astronomically higher than the 11.4% rate among females. Youth unemployment is driving up emigration in Ireland.

Source: Eurostat
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[slide
permalink=”latvia-21″
title=”Latvia”
content=”Youth unemployment: 29.9%

Overall unemployment: 14.8%

Latvia’s youth unemployment rate has eased from 30.8% in November 2010. Youth that aren’t employed, in training, or studying, shave 1.4% off the country’s GDP each year.

Source: Eurostat

Note: Data is for September 2011

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[slide
permalink=”italy-22″
title=”Italy”
content=”Youth unemployment: 30.1%

Overall unemployment: 8.6%

Italy’s public debt and austerity measures are stunting job growth in the public sector. Youth unemployment has increased from 28.4% in November 2010, moreover, 20% of Italians between the ages of 15 – 29 are no longer seeking higher education. Italian youth that aren’t employed, in training, or studying, cost the country €26.6 billion every year.

Source: Eurostat
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[slide
permalink=”portugal-23″
title=”Portugal”
content=”Youth unemployment: 30.7%

Overall unemployment: 13.2%

Portugal’s youth unemployment rate ticked up from 27.2% in November 2010. Overall unemployment rate of 13.2% is being driven up austerity measures and bleak investment. 1/5th of the country’s graduates have emigrated.

Source: Eurostat
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[slide
permalink=”lithuania-24″
title=”Lithuania”
content=”Youth unemployment: 31.1%

Overall unemployment: 15.3%

Lithuania’s youth unemployment rate has increased from 33.9% in November 2010. The 17.5% unemployment rate among males is higher than the 13.1% rate among females.

Source: Eurostat

Note: Data is for September 2011

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[slide
permalink=”slovakia-25″
title=”Slovakia”
content=”Youth unemployment: 35.1%

Overall unemployment: 13.5%

Slovakia’s youth unemployment rate has increased from 33.3% in November 2010. The country needs to create more jobs in the service sector and cut the population’s dependence on social subsistence if it wants to curb youth unemployment.

Source: Eurostat
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[slide
permalink=”greece-26″
title=”Greece”
content=”Youth unemployment: 46.6%

Overall unemployment: 18.8%

Greece has taken on punishing austerity measures to avoid default, and cuts in public spending have seen unemployment surge. The jobless rate among Greek youth has jumped from 36.3% in November 2010.

Source: Eurostat

Note: Data is for September 2011
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[slide
permalink=”spain-27″
title=”Spain”
content=”Youth unemployment: 49.6%

Overall unemployment: 22.9%

Spain has the highest youth unemployment in Europe and the jobless rate among the under-25 age group has surged from 43% in November 2010. The country could lose a generation to emigration which could have a devastating long-term effect on the economy.

Source: Eurostat
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[slide
permalink=”but-how-does-the-us-compare-28″
title=”But how does the U.S. compare?”
content=”PRESENTING: The Truth About Unemployment In America >
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