Financial crisis of 2007–08

29 June 2018

Youth Guarantee five years on: Lessons learnt

(From ec.europa.eu ) The latest Eurostat figures show that the youth unemployment rate dropped from 18.7% in 2016 to 16.8% by the end of 2017. Since peaking at 23.9% following the 2008 financial crisis, youth unemployment has now fallen to just over 1 percentage point above the pre-2008 rate (15.1%), which shows the positive progress that has been made in this area over the last five years. The Youth Guarantee scheme has been playing a key role in this progress since EU Member States committed to the implementation of the scheme in a Council Recommendation of April 2013 . Aimed at giving...