Europe's Lost Generation

[chanel]

Hey OWSers! This is what the socialists can do for you!

Maybe being young is never easy. But being a twentysomething young European has rarely been more stressful.

More than a quarter (28%) of Italians between 16 and 24 are unemployed. Others are struggling to get by on unpaid internships or poorly paid jobs with little security.

The greatest victims of Greece's economic crisis have been its youth, men and women who never knew the boom times but must now bear the brunt of one of Europe's harshest austerity programmes.

With unemployment at a record as the debt-choked country endures a fifth consecutive year of recession, nearly 44% of the 907,953 out of work are between 15 and 24.

Now is not the time to be a twentysomething in Spain. According to figures last week, 51.4% of 16-24 year-olds are now without work, as the total unemployment count passed the 5 million barrier.

This has often been called the best-educated generation in Spain. It is also the one which has the direst prospects. Even if they are lucky enough to get a job, most of them – around 60% – have to live on low salaries with little job security.

Europe's lost generation: how it feels to be young and struggling in the EU | World news | The Observer

So sad. Coming soon to the USA?

 

[alexa]

Hey OWSers! This is what the socialists can do for you!

Maybe being young is never easy. But being a twentysomething young European has rarely been more stressful.

More than a quarter (28%) of Italians between 16 and 24 are unemployed. Others are struggling to get by on unpaid internships or poorly paid jobs with little security.

The greatest victims of Greece's economic crisis have been its youth, men and women who never knew the boom times but must now bear the brunt of one of Europe's harshest austerity programmes.

With unemployment at a record as the debt-choked country endures a fifth consecutive year of recession, nearly 44% of the 907,953 out of work are between 15 and 24.

Now is not the time to be a twentysomething in Spain. According to figures last week, 51.4% of 16-24 year-olds are now without work, as the total unemployment count passed the 5 million barrier.

This has often been called the best-educated generation in Spain. It is also the one which has the direst prospects. Even if they are lucky enough to get a job, most of them – around 60% – have to live on low salaries with little job security.

Europe's lost generation: how it feels to be young and struggling in the EU | World news | The Observer

So sad. Coming soon to the USA?

I don't know. I think maybe it is getting a bit too serious for partisan jibes. If the Euro crashes, then it is going to hit the world.

The UK has just over 8% unemployment but I think the highest personal debt in the world. What is her future. She cutting the pay of her police - by I understand up to £4000 pa in a country which is expecting more riots as more cuts are made on Public Service jobs and pay and benefits.

I don't think any of us knows what is around the corner right now. I'd look first at global capitalism myself. At least have the people who are making the big money in or from my country belonging to my country so that, just maybe, they may have a feeling to put back in not run the minute the rate is better next door. (Never mind getting some good manufacturing going again)