Spain back on top of EU youth jobless table
Alex Dunham · 29 Aug 2014, 15:52
Published: 29 Aug 2014 15:52 GMT+02:00
- Half of Spaniards aged 25–29 live with parents (01 Jul 14)
- Half of young Spaniards have no money coming in (05 May 14)
- 36.3%: Andalusia has EU's highest jobless rate (15 Apr 14)
- Email reveals how Spain exploits young workers (10 Apr 14)
July’s Eurostat figures showed 53.8 percent of young people in Spain didn’t have a job compared to 53.1 percent for Greece in May, the latest figures released for the Hellenic nation.
Despite the fact that a considerable number of young Spaniards manage to find temporary work in the service industries during the summer months, there were still 842,000 of them without a job in July.
Whereas the youth unemployment rate in Greece and the rest of the Eurozone has gradually dropped in recent months, Spain saw a 0.4 percent increase from June to July.
In fact, Spain’s jobless youngsters now make up 25 percent of the total 3.3 million for all 18 European countries that use the euro.
Knowing the real situation of youth unemployment in Spain and the EU is hampered by the fact that Eurostat has two ways of calculating the figures.
As former Times and Financial Times correspondent William Chislett told The Local:
“There’s the rate, or tasa in Spanish, which takes into account people in the 16 to 24 age group that are employed or are actively seeking work. That’s what gives the 57 percent (May 2013 figures) youth unemployment rate which is so widely publicized.
“And then there’s the unemployment ratio, which includes all young people in Spain, studying or working, and offers a much smaller 22 percent.
“Even if the real figures still remain unclear, it isn’t really fair to measure youth labour force when most 16 to 24 year olds in Spain are still studying.”