Communication on Youth employment initiative

Summary:

The economic crisis is having an exceptionally severe impact on young people: the EU youth unemployment rate stood at 23.6 % in January 2013, more than twice as high as the adult rate, and no signs of improvement are in sight. 7.5 million Europeans aged 15-24 are neither in employment nor in education or training.

The situation is particularly acute in certain Member States and in certain regions. This poses a serious threat to social cohesion in the EU and risks having a long-term negative impact on economic potential and competitiveness. EU institutions and governments, businesses and social partners at all levels need to do all they can to avoid a "lost generation".

• Primary Source

ESO Records

Background information: Employment: Commission proposes rules to make Youth Employment Initiative a reality http://www.europeansources.info/record/press-release-employment-commission-proposes-rules-to-make-youth-employment-initiative-a-reality/

Proposal for an amendment to the Commission Proposal COM(2011)607 final/2 – Regulation on the European Social Fund and repealing Council Regulation (EC) No 1081/2006 https://www.europeansources.info/record/proposal-for-an-amendment-to-the-commission-proposal-com2011607-final-2-regulation-on-the-european-social-fund-and-repealing-council-regulation-ec-n/

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