– Youth unemployment alarm, 2 million without work or study

Youth unemployment alarm, 2 million without work or study

14:09 10 GIU 2012

(AGI) Rome – Italy’s unemployed youth number 808,000, with the “NEET”, those who neither study nor work, at over 2,1 million.
The number is near the level in Spain. This is the alarming picture presented by the ISTAT in its annual report, in which the record gap between the rate of youth unemployment and total unemployment is highlighted. The unemployment rate amid 18-29 year olds, after a steady drop between 2000 and 2007, suffered a jump in the last four years, reaching 20.2% in 2011, a percentile point under the peak reported in 1997.

The gap between the unemployment rate of 18-29 year olds and that of the population between 15 to 64 year olds, after having remained stable between 1993 and 2002, has progressively widened until reaching 15.9 percentage points in 2011 with respective occupation rates of 41 and 56.9%. The distance between the youth unemployment rate and the total one has widened to the detriment of youth between 1993 and 1997 and again started to grow considerably after a period of reduction and successive stablity, starting from 2008, to top the two figure mark in 2009, 17.9% for youth and 7.8% for the total population. Last year the gap reached the highest level with an unemployment rate in 18-29 year olds of 20.2% compared to the 8.4% of the total. The number of Italy’s “NEET”, young people who neither study nor work, is notably greater than the European average (22.1% in 2010 compared to 15.3%). In particular, the incidence is greater with respect to the other large European countries such as Germany (10.7%), the United Kingdom and France (both 14.6%) and is, instead, similar to that of Spain, which with 20.4% is situated in the fifth to last place in the European Union. The number of young “NEET” increased following the crisis of 2008-2009 reaching its highest level in Italy’s south, 31.9%, almost double compared to the center-north. Campania and Sicily are the regions with the highest numbers, over 35%, followed by Calabria and Apulia (respectively 31.8% and 29.2%). . .

Paul Champion

📱: 07540 704920

Twitter: @blogapprentice
Skype: paulchampion31

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