News / Economy

EU Leaders Urge Action to Reduce Youth Unemployment

EU Leaders Urge Action to Reduce Youth Unemploymenti
X
Zlatica Hoke
November 13, 2013 5:34 AM
European Union leaders have called for swift action to reduce youth unemployment, a growing problem in the 28-nation zone. Almost one quarter of the young people ages 15 to 24 are unemployed, and that is more than twice the unemployment rate among adults there. Zlatica Hoke has more.

EU Leaders Urge Action to Reduce Youth Unemployment

Zlatica Hoke
— European Union leaders have called for swift action to reduce youth unemployment, a growing problem in the 28-nation grouping. Almost one quarter of young people aged 15 to 24 are unemployed, which is more than twice the unemployment rate among adults.
 
French President Francois Hollande hosted a Youth Unemployment Summit in Paris on Tuesday, following a July summit initiated by German Chancellor Angela Merkel.  
 
"The future of a generation is at stake, a generation that has been hit by unemployment for years now, and with the economic crisis, this generation feels even more uncertain about its future, almost hopeless," said Hollande.
 
President Hollande said 6 million young people are currently unemployed in Europe.  His own popularity is at record lows, partly because he has failed to lower France's 11 percent unemployment rate.
 
Meanwhile, German Chancellor Angela Merkel said economic growth is a prerequisite for creating new jobs.
 
"We are obviously doing everything we can for the preconditions, for growth to become ever better, because without growth there will not be any new job created, and those who will suffer that will particularly be the young people," said Merkel.
 
Ahead of the July summit Chancellor Merkel hosted in Berlin, she said youth unemployment could be the bloc's biggest problem. That summit ended with a pledge to spend $8 billion over the next two years to improve youth unemployment rates, but youth organizations say that figure is not nearly enough.
 
"The six billion euros is not enough. To establish something credible, we need at least 21 billion euros.  We are demanding more investment at a European level," said Giuseppe Porcaro, general secretary of the European Youth Forum in Brussels.
 
Many organizations say that youth unemployment is not just an economic problem. Thiebaut Weber, president of the Trade Union Confederation, which is also based in Belgium, feels it presents a social issue as well.
 
"We are calling for a more social Europe that takes responsibility for social matters and employment - not just the budget," said Weber.
 
Youth unemployment in the European Union reflects the economic disparity found throughout the eurozone, the 17 countries that use Europe's common currency.  In Spain, more than half of people under the age of 25 are out of work. In Greece, the figure is close to 60 percent. But in Germany, Europe's strongest economy, youth unemployment is only about 8 percent.

You May Like

At Khmer Rouge Court, Long-Awaited Verdict Approaches

First phase of trial, which is coming to an end, has focused on forced exodus of Phnom Penh in 1975 - and now many are hopeful justice will be served More

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities More

Video Information War Rages Alongside Real One in Ukraine

Downing of Malaysian airliner, allegations of cross-border shelling move information war in war-torn country to a new level More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Information War Rages Alongside Real One in Ukrainei
X
Al Pessin
July 31, 2014 8:13 PM
The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video Information War Rages Alongside Real One in Ukraine

The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict in Gaza, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities. Probably the most important destination is the local bakery. VOA’s Scott Bobb reports from Gaza City.
Video

Video US-Funded Program Offers Honduran Children Alternative to Illegal Immigration

President Obama and Central American leaders recently agreed to come up with a plan to address poverty and crime in the region that is fueling the surge of young migrants trying to illegally enter the United States. VOA’s Brian Padden looks at one such program in Honduras - funded in part by the United States - which gives street kids not only food and safety but a chance for a better life without, crossing the border.
Video

Video 'Fab Lab' Igniting Revolution in Kenya

The University of Nairobi’s Science and Technology Park is banking on 3-D prototyping to spark a manufacturing revolution in the country. Lenny Ruvaga has more for from Nairobi's so-called “FabLab” for VOA.
Video

Video Gazans in Shelled School Sought Shelter

Israel's air and ground assault against Hamas-led fighters in Gaza has forced many Palestinians to flee their homes, seeking safety. But safe places are hard to find, as VOA’s Scott Bobb reports from Jabaliya.
Video

Video Rapid Spread of Ebola in West Africa Prompts Global Alert

Across West Africa, health officials are struggling to keep up with what the World Health Organization describes as the worst ebola outbreak on record. The virus has killed hundreds of people this year. U.S. President Barack Obama and other world leaders are watching the developments closely as they weigh what actions, if any, are needed to help contain the disease.
Video

Video Michelle Obama: Young Africans Need to Embrace Women's Rights

U.S. first lady Michelle Obama urged some of Africa's best and brightest to advocate for women's rights in their home countries. As VOA's Pam Dockins explains, Obama spoke to some 500 participants of the Young African Leaders Initiative, a six-week U.S.-based training and development program.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.
Video

Video Study: Latino Students Most Segregated in California

Even though legal school segregation ended in the United States 60 years ago, one study finds segregation still occurs in the U.S. based on income and race. The University of California Los Angeles Civil Rights Project finds that students in California are more segregated by race than ever before, especially Latinos. Elizabeth Lee reports for VOA from Los Angeles.

AppleAndroid

World Currencies

EUR
USD
0.7305
JPY
USD
101.53
GBP
USD
0.5830
CAD
USD
1.0656
INR
USD
60.075

Rates may not be current.