POLICIES ON YOUTH EMPLOYMENT IN THE EUROPEAN UNION IN THE CONTEXT OF THE ECONOMIC CRISIS
POLICIES ON YOUTH EMPLOYMENT IN THE EUROPEAN UNION IN THE CONTEXT OF THE ECONOMIC CRISIS

Summary/Abstract: The recent economic and financial crisis has massively hit the labour market of the Member States of the European Union, unemployment rates increasing at high peace in many of these countries. At the same time, it exacerbated preexisting inequalities in terms of access to the labour market of certain vulnerable social categories such as young people, immigrants, etc. Youth unemployment rates increased at a higher pace than overall unemployment rates, thus calling for specific labour market policies of both European and national authorities. Against this background, the paper firstly aims to evaluate the specific impact of the crisis on youth employment in the different EU countries, emphasizing particularities for different genders or education attainment levels. Secondly, it aims to analyse the short- and long-term effects of high youth unemployment rates and evaluate the public specific policies for youth employment implemented during the recent crisis in the European Union countries and possibility to improve them. As youth unemployment has negative consequences on future wages and employability, and thus on long-term growth and development, many European countries, especially the most developed ones, reacted to the effects of the crisis by implementing comprehensive measures to support youth employment.

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