What are the evils and preventive measures of youth unemployment
Answers
Evils of Unemployment:
Amid the continuing arguments about whether the UK started to pack its bags ahead of leaving the EU last week, the more serious problem is that the Eurozone leaders have signed up for a future of deflation, recession and mass unemployment. The debt crisis remains fully in force, since nothing agreed last week actually makes investors much more likely to buy Eurozone sovereign debt. I expect most countries will still see their credit rating cut soon. The German-led plan amounts to aiming for balanced budgets, cutting spending and hoping that somehow that will save the Euro.What it will undoubtedly do is push the Eurozone economy further into slump, raising unemployment above its current 10.3% rate. In Ireland it’s 14.5%, in Greece 16%, and in Spain an appalling 21.5%. All the Euro has to offer the people of these countries is years of unemployment, falling living standards and bitterness