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The Chasm in Youth Unemployment Rates in Europe

Geoff Riley

10th September 2016

This remarkably pertinent and thoughtful article from the Guardian contrasts two regions of one single market - Calabria (Italy) and Bavaria (Germany) which have vastly different rates of youth unemployment.

The story from Italy is one of deep-rooted government failure and a locality in thrall to the mafia. In Bavaria, youth unemployment is below the rate that we would normally consider as full-employment, their labour market supported by medium-sized, Mittelstand businesses which traditionally are reluctant to pull the plug on employing younger workers with less experience in the labour market when macroeconomic conditions become difficult.

Find more statistics at Statista

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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