Youth Unemployment Continues to Rise in Spain, Italy, Greece and Portugal (Eurostat)

Will youth unemployment in Europe cause some serious social unrest here (eurozone riots 2.0), or have we seen the worst of it? Some youth unemployment rates are actually down from March, but mainly in the smaller eurozone countries. I embedded tweets with youth unemployment rate charts via Reuters journalists, and put up a table via Eurostat's press release.

"Youth unemployment

In April 2013, 5.627 million young persons (under 25) were unemployed in the EU27, of whom 3.624 million were in the euro area. Compared with April 2012, youth unemployment rose by 100 000 in the EU27 and by 188 000 in the euro area. In April 2013, the youth unemployment rate was 23.5% in the EU27 and 24.4% in the euro area, compared with 22.6% in both zones in April 2012. In April 2013, the lowest rates were observed in Germany (7.5%), Austria (8.0%) and the Netherlands (10.6%), and the highest in Greece (62.5% in February 2013), Spain (56.4%), Portugal (42.5%) and Italy (40.5%)."

Source: Eurostat

Recommended posts powered by Google