Youth unemployment rate in EU member states as of December 2013 (seasonally adjusted)

  Youth unemployment rate
Spain 54.3%
Croatia 49.2%
Italy 41.6%
Cyprus 40.8%
Portugal 36.3%
Slovakia 32.6%
Bulgaria 29.4%
Poland 27.4%
France 25.6%
Ireland 24.6%
Euro area 23.9%
Slovenia 23.3%
EU 23.2%
Belgium 23.1%
Estonia*** 22.7%
Sweden 22.6%
Lithuania 21.8%
Luxembourg 20.3%
Finland 19.4%
Czech Republic 18.8%
Malta 15%
Denmark 12.9%
Netherlands 11.3%
Iceland 9.7%
Austria 8.9%
Germany 7.4%
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The statistic shows the seasonally adjusted youth unemployment rate in EU member states as of December 2013. The source defines youth unemployment as unemployment of those younger than 25 years. In December 2013, the seasonally adjusted youth unemployment rate in Spain was at 54.3 percent.

Youth unemployment rate in EU member states

Unemployment is a crucial economic factor for a country; youth unemployment is often examined separately because it tends to be higher than unemployment in older age groups. It comprises the unemployment figures of a country’s labor force aged 15 to 24 years old (i.e. the earliest point at which mandatory school education ends). Typically, teenagers and those in their twenties who are fresh out of education do not find jobs right away, especially if the country’s economy is experiencing difficulties, as can be seen above. Additionally, it also tends to be higher in emerging markets than in industrialized nations. Worldwide, youth unemployment figures have not changed significantly over the last decade, nor are they expected to improve in the next few years.

Youth unemployment is most prevalent in the Middle East and North Africa, even though these regions report high unemployment figures regardless (Zimbabwe and Turkmenistan are among the countries with the highest unemployment rates in the world, for example), and are also highly populated areas with a rather weak infrastructure, compared to industrialized regions.

In the European Union and the euro area, unemployment in general has been on the rise since 2008, which is due to the economic crisis which caused bankruptcy and financial trouble for many employers, and thus led to considerable job loss, less job offerings, and consequently, to a rise of the unemployment rate. Older workers are struggling to find new jobs despite their experience, and young graduates are struggling to find new jobs, because they have none. All in all, the number of unemployed persons worldwide is projected to rise, this is not down to the economic crisis alone, but also the industrial automation of processes previously performed by workers, as well as rising population figures.

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