Wednesday, July 11, 2012

Build a bridge to Youth employment?

Talk of youth unemployment is everywhere; as the rates rises to 22% across the EU and maximums at 52% in Spain. So, the worlds best-educated generation also has the fewest chances to get a job, and the government is under growing pressure to find a solution.

Of course, youth unemployment rates are generally much higher than unemployment rates for all ages. High youth unemployment rates do reflect the difficulties faced by young people in finding jobs. However, this does not necessarily mean that the group of unemployed persons aged between 15 and 24 is large because many young people are studying full-time and are therefore neither working nor looking for a job (so they are not part of the labour force which is used as the denominator for calculating the unemployment rate). For this reason, youth unemployment ratios are calculated as well, according to a somewhat different concept: the unemployment ratio calculates the share of unemployed for the whole population.

Anyways, youth employment still exists. In an effort to facilitate the transition of young Europeans from school into work, the European Commission has recently released a study about apprenticeship and a study about traineeship practices across the member states. From definition to quality assessment, the studies provide an in-depth look at multiple aspects of traineeships and apprenticeships and make recommendations from the findings.

Hopefully these studies are building a bridge to youth employment!


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