Youth Job Guarantee in Europe

Thanks! Share it with your friends!

Close

Some 5.5 million young people on the EU labour market cannot find a job, and 7.5 million young people aged 15-24 are NEETs – not in employment, education or training. Youth Employment Package includes a proposed Commission Recommendation to EU countries on introducing the Youth Guarantee to ensure that all young people up to age 25 receive a quality offer of a job, continued education, an apprenticeship or a traineeship within four months of leaving formal education or becoming unemployed. The economic cost of not integrating young people into labour market has been estimated by Eurofound at over €150 billion per year, or 1.2% of EU GDP. Some countries, such as Bulgaria, Cyprus, Greece, Hungary, Ireland, Italy, Latvia and Poland, are paying 2% or more of their GDP. Avoiding these economic costs now and in the future outweighs by far the fiscal costs of the proposed Youth Guarantee. Copyright

This material is offered free of charge for EU-related information and education purposes.
For any other use, prior clearance must be obtained from the Central Audiovisual Library of the European Commission.

Comments

euxtraTV says:

Lets tackle unemployment all togheter!

Write a comment

*

CommentLuv badge