Youth unemployment

Seminar paper from the year 2006 in the subject Economics - Job market economics, grade: 1,7, Göteborg University, language: English, abstract: With four to seventeen percent unemployment rates, unemployment has become one of the most discussed topics in Europe. With a continued decrease in the number of people hired each year, this problem gains a special importance for young people. In 2004, within the European Union, more than 18,6 % people under the age of 25 were without a job.

This is why during the election campaigns in 2005, in Germany, according to the electors the party¿s labour market policy was the most important subject for their decision. One reason for the long-lasting violent demonstrations in French suburbs last autumn was the inequitable chances for young people from these areas to get a job.

Especially for young people, a hesitant and hard beginning in their professional life means a lack in their CV, which can become a big obstacle for later jobs and for their whole career. Furthermore, the first job is often seen as a way of finding identification. A bad start and several rejections can influence the motivation to work and the working performance of young people.