Unemployment In Europe: Its Impact In The Future Of Europe

Unemployment in Europe: Its Impact in the Future of Europe
Unemployment is currently one of the biggest challenges facing the European Union. The fight against
unemployment is an essential question that the European Union has to encounter in the short term. Today’s
unemployment problem represents the most significant worry of the European Union citizen. Unemployment is the
greatest disturbance of the European economy. Approximately 18 million of its people are out of work, an average
unemployment rate of 10.6%. For instance, in France and Spain, the latest rates are 12.6% and 19.9% respectively.
More women are unemployed than men. Youth unemployment is twice as high as the average. Almost 6 million
people have been out of work for more than two years.
Employment initiatives of the EU
Because of the need to pursue solutions to the unemployment alarm, the European Commission called for a special
employment summit of heads of state in late November. The European Commission wants to adopt lots of targets
for the next five years. Under the form of "employment guidelines," it wants to increase the employment rate from
60% to 65%; create 12 million new jobs; cut the unemployment rate to 7%; raise the proportion of the unemployed
who are offered training from the current EU average of 10% towards the average of the three best-performing
member states -that is, above 25%; and reduce the number of people who drop out of the education system by half
within a period of fiv...

Unemployment In Europe: Its Impact In The Future Of Europe

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