The European leaders who met at a meeting on employment of young people in Paris on 12 November concluded that urgent actions are called for in order to reduce the number of unemployed persons in the EU, among the population up to 25. The leaders of EU Member States did not announce any new youth employment programmes, but expressed confidence that the ongoing plans would reverse the trend in the next two years.
According to the offical data, approximately 5.6 million or 23,5% young Europeans were jobless in September, as compared to 23,1% one year ago. The youth unemployment rate in the USA is 16%.
As part of the Initiative for Youth Employment, EU earmarked EUR 6 billion which are being used as of 1 January 2014. In the period 2013-2015, a total of EUR 45 billion will be invested into youth employment.
Source: www.euractiv.rs
Leave a Comment