The Economist calls them “Generation Jobless”. They are young people aged 15 to 24 of whom 290 million worldwide are neither working nor studying. That’s almost a quarter of the planet’s youth who are considered “inactive”.
Across Europe, as in Flanders, the euro crisis has hit young job seekers exceptionally hard. The continent’s average youth unemployment rate sits at 23.5%. Not surprisingly, unemployment rates are highest in Greece (58.4%), Spain (55.7%), Portugal (38%) and Italy (38%).