The skills mismatch problem is particularly acute for the 7.5 million young Europeans between 15 and 24 who are unemployed or not in any form of education or training (so-called NEETs).

The proposals outlined in our December 2012 Youth Employment Package aim to address this problem by ensuring that jobless young people can boost their chances of finding a job...

http://ec.europa.eu/avservices/video/player.cfm?ref=I075514

European Commission launches set of measures to tackle youth unemployment, now it’s time to invest in youth!

Press Release

Brussels, 5th December 2012 // Youth Forum welcomes the concrete measures to tackle unemployment proposed in the Youth Employment Package launched today. However, to ensure the implementation of the scheme, the commitment must be both political as well as financial and replicated by Member States. The enormous cost of youth unemployment, estimated at €153 billion per year, was highlighted earlier this year by Eurofound, urging a clear need for investment in youth. The Youth Employment Package launched today by the European Commission tackles some concrete challenges of combating rising youth unemployment in Europe with efforts focusing on the access to labour market, early school-leaving, the transition from education to work, labour market segmentation the skills mismatch and mobility obstacles.

# A very interesting academic document from UK:

Blancheflower_Bell_Deja_Vu.pdf

# The aim of this project is to investigate the current situation of young people in Europe, focusing specifically on those who are not in employment, education or training, and to understand the economic and social consequences of their disengagement from the labour market and education.The term NEET is used to describe young people who are not engaged in any form of employment, education or training. The term has come into the policy debate in recent years due to disproportionate impact of the recession on young people (under 30 years old). The unemployment rate for those under thirty is nearly double the average rate.

The Eurofound’s latest research report on NEETs in Europe was launched on 22th Octob...

Both the adult and youth unemployment rates have increased with the adult rate at 11.6% and the youth unemployment rate at 22.8%.

In September 2012, 5.520 million young persons (under 25) were unemployed in the EU27 , of whom 3.493 million were in the euro area . Compared with September 2011, youth unemployment rose by 164 000 in the EU27 and by 275 000 in the euro area . In September 2012, the youth unemployment rate was 22.8% in the EU27 and 23.3% in the euro area , compared with 21.7% and 21.0% respectively in September 2011. In September 2012 the lowest rates were observed in Germany (8.0%), the Netherlands (9.7%) and Austria (9.9%), and the highest in Greece (55.6% in July 2012) and Spain (54.2%).

Further information in the Press Release attached.

Learn about entrepreneurship at Youth Employment Network’s free webinars with successful young entrepreneurs. The “Ask an Entrepreneur” webinar series is for people who are starting or are thinking about starting a business. It is a chance to speak with successful young entrepreneurs who have built successful companies and have valuable experiences to share.

Register now at http://yenmarketplace.org/experts-corner

https://docs.google.com/file/d/0B1qijZ6RInWFR1p3Z1Zhb2ROT28/preview

30/10/2012

From Youth Policy Watch by European Youth Forum

The World Bank Links Jobs with Development

[Yearly, the World Bank publishes the World Development Report, which looks into a specific aspect of economic development. The focus of the recently published 2013 edition is jobs. Since around the world, most people who get out of poverty do so through jobs, the latest analysis of the international financial institution suggests that jobs are a cornerstone for inclusive growth and a driver for development.]

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European Social Fund out of money

[Past cuts in the 2012 budget of four billon euros have led to shortages today. At the beginning of October, Alain Lamassoure, Chair of the budget committee, announced that the European Social Fund is bankrupt.]

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