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News Link • European Union

The Depressing Truth About Europe's Youth Unemployment Nightmare

• Matthew Boesler and Mamta Badkar
 The latest data reveals an EU-wide youth unemployment rate of 22.8 percent, up from 21.7 percent a year ago as those under 25 continue to lose their jobs to the economic slowdown.

Meanwhile, the politics of the crisis are becoming more intense, and thousands have taken to the streets in countries like Spain, Portugal, Greece, Italy, and even France in recent months to voice their anger with government austerity measures that have exacerbated the unemployment issue.

As of yet, however, the countries with the highest youth unemployment rates – Spain and Greece – are doing little to put the brakes on austerity.

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