Europe Unemployment

Americans are mostly aware that massive European employment problems exist. If we did, we would be more concerned with aspects of our future as a country.

                     

Our concern is the poor state of our budget deficit-ridden economy and the condition of our educational system.

                     

Unemployment among those under age 25 Is about 10% in Germany, Austria and the Netherlands. But it averages about 20% overall in Europe because of the mess. 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.

                     

The U.S. has been heading in the same direction. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)