Europe’s Youth Unemployment Non-Problem
European policymakers have decided that they must be seen to be “doing something” about youth unemployment. But there are several reasons to doubt that youth unemployment is a discrete problem meriting special treatment.
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BRUSSELS – European policymakers have decided that they must be seen to be “doing something” about youth unemployment. A special summit of Europe’s heads of state has been called, and a “Youth Employment Initiative,” proposed at the EU Council of Ministers’ meeting in February, aims to “reinforce and accelerate” measures that were recommended in a “Youth Employment Package” in December 2012.