Monday, September 5, 2011

European Youth Unemployment

A massive European employment problem exists that few Americans currently comprehend. If we did, we would be more concerned with aspects of our future plans as a country.

Namely, the poor state of our budget deficit-ridden economy and the condition of our educational system.

Unemployment among those under age 25 Is 10% in Germany, Austria and the Netherlands. But it averages 20% overall in Europe because of the mess elsewhere. Out-of-work youth are almost 30% in Italy, 40% in Greece and 45% in Spain. Many other countries suffer the same way, for the same reasons.( See the Earl J Weinreb NewsHole® comments.)

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