European Jobs Wanted
If the EU is to fulfill its promise of peace and prosperity, it will need to find ways to create job opportunities for more of its citizens. Unless new thinking is adopted soon, Europe's many unemployed young people risk becoming a lost generation.
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BERLIN – When the European Union held its first summit on growth and jobs in 1997, EU-wide unemployment stood at 11%. Last autumn, when it held another, not much seemed to have changed. Unemployment in the eurozone was 11.5% – up from a low of 6.8% in the first quarter of 2008.