Friday, August 26, 2011

Italy has the highest youth unemployment in Europe

Italy has the highest youth unemployment the highest in Europe, according to a study released Wednesday by Confartigianato, the Italian federation of craftsmen. Particularly affected, the age of 15 to 24 years experiencing an unemployment rate of 29.6%, against an average of 21% in Europe. The unemployment rate for 15-35 years is he, in Italy 15.9%, with a marked concentration in the south (21.1% of the population in this age group is unemployed).

In Sicily, for example, 28% of 15-35 year olds are unemployed. The study of Confartigianato, based on data from the Italian National Statistics Institute, also stresses that the number of young people with jobs fell by 926,000 units between 2008 and 2011. It also shows the deterioration of the situation for adults, with an unemployment rate of 23.2% for 25-54 years, against a European average of 15.2%.

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