One out of every three young people in Greece is unemployed!

Economy
Thu, 4 Aug 2022 10:24 GMT
According to Eurostat data, Greece was among the countries with the worst youth unemployment rates in the EU.
One out of every three young people in Greece is unemployed!

According to Eurostat data, Greece was among the countries with the worst youth unemployment rates in the EU. Almost one in three young people is unemployed.

Eurostat, the statistical service of the European Union (EU), published the unemployment data of the EU and the Eurozone for June.

The youth unemployment rate, which was 13.3 percent in May, continued to deteriorate and rose to 13.6 percent in the EU. According to Eurostat, in June 2022, a total of 2 million 546 thousand youth under the age of 25 were unemployed in the EU.

According to Eurostat data, Greece performed poorly in this area. Despite Greece's relatively loosening of its austerity policies recently and the government's taking a series of measures regarding unemployment, the young population of the  country continues to grapple with the problem of unemployment. The new data showed that almost one out of every three young people in Greece is facing the problem of unemployment.

The countries with the worst youth unemployment rates in the EU were Greece (29.5 percent), Spain (28%) and Italy (23%). Other countries that draw attention with their high youth unemployment figures are Sweden with 21.5 percent, Estonia with 21 percent and Portugal with 19.5 percent. The unemployment rate across the EU was 6.0 percent in June 2022, at the same level as May 2022, while it was 7.2 percent in June 2021.

Since the beginning of the 2010s, Greece has been trying to cope with the great economic depression with liberal prescriptions and economic measures. Nearly half a million Greek youth, who gave up hope for their country during the economic crisis, immigrated abroad with the hope of a better tomorrow. The conservative New Democracy Party, which came to power in 2019, continued liberal policies and made some changes in the job market in the past period. These measures, which were touted as the beginning of a new era by the government, could not solve the unemployment problem of the young population.

Related News

MILLET MEDIA OE.
BİLAL BUDUR & CENGİZ ÖMER KOLLEKTİF ŞİRKETİ.
Address: Miaouli 7-9, Xanthi 67100, GREECE.
Tel: +30 25410 77968.
Email: info@milletgazetesi.gr.