Wednesday, October 2, 2013
Benja Serra Bosch: Spain's Unemployment Icon - Business Insider
At the end of August the level of unemployment for those under 25 reached 56.1% — a record high. Bloomberg reported earlier this year that the number of Spanish people registered to work in the U.K. had doubled since 2009-2010, with many highly educated young men and women forced to take jobs in fast food restaurants and other low-paying positions.
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This is appalling. I have heard many first hand stories like this through my friends in Europe and it's really a shame. Public spending has to increase in these countries for there to be a fair chance for these men and women to get jobs and contribute to the society. Not too long left before high crime rates destroy whatever little is left!
ReplyDeleteMakes you think twice about going to Italy after graduating.
ReplyDeletekind of scary to think about with graduation being in less than a year
ReplyDeleteAmerica is in no better situation with more than 53% of it's recent college graduates unemployed. Many of them with a student loan to pay off .
ReplyDeleteAmerica is in the same boat!
ReplyDelete