Record high unemployment in the EU; 25 million people with no labour income

“Unemployment in the EU last month was 11.2%, or more than 25 million people in the entire EU have no job at the moment. That is extremely disturbing and shows that priority should be given to job creation instead of restriction measures,” Ognian Zlatev, Head of Communication Activities at DG for Employment, Social Affairs and Inclusion at the European Commission, told BNR on Sunday. “Such a high level of unemployment was reached for the first time in the EU,” Mr. Zlatev added.

These figures are related to young people's unemployment. Young people are twice as much at risk of not finding a job than more experienced workers, according to Mr. Zlatev. “The EU hopes and tries to encourage youth mobility among people looking for a job. This mobility is not related to 'a brain drain' but is aimed at creating opportunities for people to look for a job relevant to their qualification in other countries. You could go abroad to obtain a qualification and then return to your country to apply that qualification there,” Mr. Zlatev added.

“The government has set itself a goal to absorb the funds it has. We cannot see the results overnight. These funds should serve to provide young people with additional opportunities to work as apprentices or to encourage employers to hire young people. These measures are not only on paper and the situation is not out of control,” Mr. Zlatev pointed out.

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