Youth unemployment

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Youth unemployment

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Since 2005 the share of young people (aged 20-24) in the OECD who are not in employment, education or training (NEETs, for short) has fallen slightly, from 17.3% to 16.3%. Some countries have made striking progress, largely owing to increased access to further education. Nearly half of young Turkish adults were NEETs in 2005; by 2016 less than a third were. In Germany 18.7% of youths were NEETs back in 2005, well above the OECD average; by 2016 only 10.8% were. Other countries have not fared so well. Despite having more young people in education, the share of NEETs in Ireland, Portugal and Spain has risen to at least a fifth since 2005, principally because of the financial crisis and its aftermath.

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20170916

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The Economist Newspaper

Link to article: www.economist.com/news/economic-and-financial-indicators/21728904-youth-unemployment?fsrc=rss

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