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

    Clinton, Trump and the 'Woman’s Card'

    Ask supporters of Democratic front-runner in US presidential campaign, and they’ll tell you Republican presidential candidate is playing a dangerous hand

    Russian Censorship Group Seeks Chinese Help to Better Control Internet

    At recent Safe Internet League forum in Moscow, speakers from both nations underscored desire for authorities to further limit and control information online

    Video Makeshift Pakistani School Helps Slum Kids

    Free classes in Islamabad park serve a few of the country’s nearly 25 million out-of-school youths; NGO cites ‘education crisis’

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Turkish Kurd Islamist Rally Stokes Tensionsi
    X
    April 29, 2016 12:28 AM
    In a sign of the rising power of Islamists in Turkey, more than 100,000 people recently gathered in Diyarbakir, the main city in Turkey’s predominantly Kurdish southeast, to mark the birthday of the Prophet Muhammad. The gathering highlighted tensions with the pro-secular Kurdish nationalist movement. Dorian Jones reports from Diyarbakir.
    Video

    Video Turkish Kurd Islamist Rally Stokes Tensions

    In a sign of the rising power of Islamists in Turkey, more than 100,000 people recently gathered in Diyarbakir, the main city in Turkey’s predominantly Kurdish southeast, to mark the birthday of the Prophet Muhammad. The gathering highlighted tensions with the pro-secular Kurdish nationalist movement. Dorian Jones reports from Diyarbakir.
    Video

    Video Pakistani School Helps Slum Kids

    Master Mohammad Ayub runs a makeshift school in a public park in Islamabad. Thousands of poor children have benefited from his services over the years, but, as VOA's Ayesha Tanzeem reports, roughly 25 million school-age youths don't get an education in Pakistan.
    Video

    Video Florida’s Weeki Wachee ‘Mermaids’ Make a Splash

    Since 1947, ‘mermaids’ have fascinated tourists at central Florida’s Weeki Wachee Springs State Park with their fluid movements and synchronized ballet. Performing underwater has its challenges, including cold temperatures and a steady current, as VOA’s Lin Yang and Joseph Mok report.
    Video

    Video Somali, African Union Forces Face Resurgent Al-Shabab

    The Islamic State terror group claimed its first attack in Somalia earlier this week, though the claim has not been verified by forces on the ground. Meanwhile, al-Shabab militants have stepped up their attacks as Somalia prepares for elections later this year. Henry Ridgwell reports there are growing frustrations among Somalia’s Western backers over the country’s slow progress in forming its own armed forces to establish security after 25 years of chaos.
    Video

    Video Bangladesh Targeted Killings Spark Wave of Fear

    People in Bangladesh’s capital are expressing deep concern over the brutal attacks that have killed secular blogger, and most recently a gay rights activist and an employee of the U.S. embassy. Xulhaz Mannan, an embassy protocol officer and the editor of the country’s only gay and transgender magazine Roopban; and his friend Mehboob Rabbi Tanoy, a gay rights activist, were hacked to death by five attackers in Mannan’s Dhaka home earlier this month.
    Video

    Video Documentary Tells Tale of Chernobyl Returnees

    Ukraine this week is marking the 30th anniversary of the world's worst nuclear accident, at the Chernobyl nuclear power plant. Soviet officials at first said little about the accident, but later evacuated a 2,600-square-kilometer "exclusion zone." Some people, though, came back. American directors Holly Morris and Anne Bogart created a documentary about this faithful and brave community. VOA's Tetiana Kharchenko reports from New York on "The Babushkas of Chernobyl." Carol Pearson narrates.
    Video

    Video Nigerians Feel Bite of Buhari Economic Policy

    Despite the global drop in the price of oil, Nigerian President Muhammadu Buhari has refused to allow the country's currency to devalue, leading to a shortage of foreign exchange. Chris Stein reports from Lagos businessmen and consumers are feeling the impact as the country deals with a severe fuel shortage.
    Video

    Video  Return to the Wild

    There’s a growing trend in the United States to let old or underused golf courses revert back to nature. But as Erika Celeste reports from one parcel in Grafton, Ohio, converting 39 hectares of land back to green space is a lot more complicated than just not mowing the fairway.
    Video

    Video West Urges Unity in Libya as Migrant Numbers Soar

    The Italian government says a NATO-led mission aimed at stemming the flow of migrants from Libya to Europe could be up and running by July. There are concerns that the number of migrants could soar as the route through Greece and the Balkans remains blocked. Western powers say the political chaos in Libya is being exploited by people smugglers — and they are pressuring rival groups to come together under the new unity government. VOA's Henry Ridgwell reports.
    Video

    Video Russia’s TV Rain Swims Against Tide in Sea of Kremlin Propaganda

    Russia’s media freedoms have been gradually eroded under President Vladimir Putin as his government has increased state ownership, influence, and restrictions on critical reporting. Television, where most Russians get their news, has been the main target and is now almost completely state controlled. But in the Russian capital, TV Rain stands out as an island in a sea of Kremlin propaganda.

    Special Report

    Adrift The Invisible African Diaspora

    World Currencies

    EUR
    USD
    0.8769
    JPY
    USD
    107.28
    GBP
    USD
    0.6842
    CAD
    USD
    1.2528
    INR
    USD
    66.384

    Rates may not be current.