The Economist (May 1, 2013)
“Youth unemployment is a big and growing problem.” With a few exceptions, such as Germany, youth unemployment has been grown worse since the 2008 financial crisis. “Globally nearly 290 million young people are neither working nor studying calculates the Economist, almost a quarter of the planet’s youth.”
Tags: Financial Crisis, Germany, Studying, Unemployment, Working, Youth
Washington Post (April 6, 2013)
“Pop stars, bourgeois lifestyle commentary and funny videos often seem to interest young South Koreans more than Pyongyang’s latest provocation.” As North Korea tries to “to intimidate its neighbor… South Korea has already won the fight.” Young people do talk about “the risk of a second Korean war. But, even if this week’s chest-thumping has them a bit jittery, they typically mock Kim Jong Un and dismiss his war declaration as hot air. It’s a distraction from more pressing matters — not a particularly high bar for a youth culture obsessed with the latest Korean pop girl group or Samsung gadget.”
Tags: Kim Jong Un, North Korea, Provocation, South Korea, War, Youth
Athens News (February 11, 2012)
“Sacrificed at the altar of continued eurozone membership, Greece’s youth are paying the highest price for the politicians’ inability to implement virtually any of the reforms stipulated in the first bailout memorandum….Greece is better off in the euro than with the drachma, whatever the arguments to the contrary. But it will not be long before people in their twenties and early thirties say that enough is enough.”
Tags: Drachma, eurozone, Greece, Politicians, Youth
Independent (January 20)
In Britain, unemployment “has surged by 49,000 to nearly 2.5 million.” Youths are particularly hard hit. The number of unemployed 16 to 24 year olds has hit a record high at nearly a million, with one in five out of work. The youth unemployment rate stands 250% higher than the overall unemployment rate.
Tags: UK, Unemployment, Youth