Europe’s Lost Generation

Dr. Michael LaitmanIn the News (from The Guardian): “A lost generation of 14 million out-of-work and disengaged young Europeans is costing member states a total of €153bn (£124bn) a year – 1.2% of the EU’s gross domestic product – the largest study of the young unemployed has concluded.

“The report, by the EU’s own research agency, Eurofound, has discovered that Europeans aged 15 to 29 who are not in employment, education or training (known as Neets) have reached record levels and are costing the EU €3bn a week in state welfare and lost production. …

“Since the global downturn in 2008, there has been a 28% increase in associated Neet costs across the EU, with Italy facing an annual bill of €32.6bn a year, France €22bn, and the UK €18bn. …

“The Organisation for Economic Co-operation and Development (OECD) said Europe was ‘failing in its social contract’ with the young and rising political disenchantment could reach levels similar to those that sparked North African uprisings during the Arab spring.”

My Comment: Of course, something will force governments to change their attitude to the crisis and instead of trying to go back in time, to understand that the future is in the integration of the world, and first of all this requires re-education, that is why the younger generation is released and this should be taken as advantage. (See “Integral Education“).

Related Material:
Spain’s Lost Generation? No, A Newfound One!
Business Leaders Warn Of “Not A Crisis, But A Disaster”
UN Experts Predict A Rise In Youth Unemployment

Discussion | Share Feedback | Ask a question Comments RSS Feed