The eurozone also stands out negatively in this economic parameter. The young generation is no longer offered a future in this bureaucratic monster and this socialist centralized economy.
YOUTH UNEMPLOYMENT
Percentage by country:
🇿🇦 South Africa: 59.7%
🇪🇸 Spain: 27.2%
🇮🇹 Italy: 20%
🇫🇷 France: 16.9%
🇹🇷 Turkey: 15.1%
🇨🇳 China: 14.7%
🇨🇦 Canada: 12.6%
🇬🇧 UK: 11.2%
🇳🇱 Netherlands: 8.7%
🇺🇸 US: 8.2%
🇩🇪 Germany: 5.8%
🇯🇵 Japan: 4.5%
(Trading Economics)
Are these all calculated as the percentage of those employed or seeking employment?
The US number is lower than I would have expected, but I think many people have given up looking for work.
It's the relation between unemployed below 27 and those who are able to work in this group
Ok. Our disability recipients have skyrocketed recently, which probably skews this.
Lovely... it's getting dark pretty soon, I guess
From my experience living in Spain, I would say that at least half of that unemployed youth is composed by the migrants that the socialist governments are actively importing and supporting financially.
I have tried to get statistics on how many non-nationals in Spain are unemployed but haven’t been able to get find them for the obvious reason that it’s inconvenient for the government.
Even then, the path to Spanish citizenship in Spain in halved to 5 years if you made it there as a ‘refugee.’ I believe it should double like in Switzerland.
Yes, a lot are migrants. But what I see here in Andalucía is a lot of young adults sharing their life and costs with their parents. The state consumes over 60% of GDP - the private sector is shrinking and it's getting worse
And Spain's figures are very made up, those data I suppose are the "official" ones, if the real data came to light, Spain would be classified as third world.
A lot of these richer Western nations are adopting AI and creating products without the need for entry-level work. For example, Wendy's used to work the register, but now those are all self-service kiosks.
Call center or collections was typically done historically by humans, but now robots can do that work. Even purchase orders can be created with a simple power automate script.
We need to find a way to skill/repurpose labor that is being displaced at the entry-level. Many young individuals aren't learning valuable working lessons - and it will set them back in the future.
Its bad.
I remember when I was younger, I was told to get a job so that I could learn more about society.
Now they dont even have a chance to do that, so they cant pick up many of the social skills needed to thrive in society.
It is interesting to realize that it is not the emerging countries that are becoming developed, but the developed countries are becoming emerging.
Smells like war.