Rising Youth Unemployment During The Crisis How to Prevent Negative Long-term Consequences on a Generation?

The global economic crisis has hit youth very hard. In the OECD area, the youth (15-24) unemployment rate rose by 6 percentage points in the two years to the end of 2009, to reach almost 19%. There are currently nearly 15 million youth unemployed in the OECD area, about four million more than at the...

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Bibliographic Details
Main Author: Scarpetta, Stefano
Other Authors: Sonnet, Anne, Manfredi, Thomas
Format: eBook
Language:English
Published: Paris OECD Publishing 2010
Series:OECD Social, Employment and Migration Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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520 |a The global economic crisis has hit youth very hard. In the OECD area, the youth (15-24) unemployment rate rose by 6 percentage points in the two years to the end of 2009, to reach almost 19%. There are currently nearly 15 million youth unemployed in the OECD area, about four million more than at the end of 2007. And in countries like France and Italy, about one active youth in four is unemployed, while in Spain more than 40% of them are jobless