EU Leaders Promise Jobs for “lost generation” of Youth

EU Leaders Promise Jobs for “lost generation” of Youth

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EU leaders promise jobs for “lost generation” of youth

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Friday, November 15, 2013 - 4:00pm

CAMPAIGN: Youth Perspective

CONTENT: Article

By Leigh Thomas and Elizabeth Pineau | 12 November, 2013

(Reuters) – European leaders pledged on Tuesday to make fighting youth unemployment in the bloc a priority but came up with no new ideas to tackle a problem that risks fuelling social unrest and distrust of mainstream parties.

Nearly 6 million people under the age of 25 are without work in the European Union, with jobless rates among the young at close to 60 percent in Spain and Greece.

A July jobs summit in Berlin set out plans to devote at least 6 billion euros over the next two years to addressing the problem – a big headline figure that looks less impressive when spread among the many unemployment blackspots in the region.

Hosting a follow-up summit in Paris, French President Francois Hollande said any country that submitted a national plan to fight youth unemployment by year-end would immediately receive EU funds to implement their programme.

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