School-to-work pathways in Europe and in the US

Jacob Funk Kirkegaard, 13 October 2012Youth unemployment in the Eurozone looks like a social and economic disaster in the making – 30%, 40%, even 50% of young people sitting on their hands instead of building skills and experience. This column argues the headline numbers are misleading.

According to new numbers, youth unemployment rates across Europe just hit new highs.

Youth unemployment is shockingly high in Greece, Spain, and Italy as shown by Europe's Most Tragic Graph by The Atlantic.

One of the nation's highly ranked law schools is spending nearly $3 million to place more than one-fifth of its 2012 graduates in school-funded, short-term internships, The GW Hatchet reported Thursday. 

President Obama continues to call upon Congress to pass the American Jobs Act. He has explained how his proposals will benefit the unemployed and put money back in Americans' pockets. One proposal includes Pathways Back to Work for Americans Looking for Jobs. This section of the president’s plan would help out-of-work Americans and their families by extending unemployment insurance to prevent six million Americans looking for work from losing their benefits, while at the same time reforming the system to help support programs that build real skills, connect to real jobs, and help the long-term unemployed. The president’s plan is targeted to address long-term unemployment in an aggressive, multi-pronged way, drawing from ideas about what is working from around the country and from both parties.  Key elements of his proposal are: The most innovative reform to the unemployment insurance program in 40 years: As part of an extension of unemployment insurance to prevent five million Americans looking for work from losing their benefits, the president’s plan includes innovative work-based reforms to prevent layoffs and give states greater flexibility to use Unemployment Insurance (UI) funds to best support job-seekers and connect them to work.A $4,000 tax credit to employers for hiring long-term unemployed workers.Prohibiting employers from discriminating against unemployed workers when hiring.Expanding job opportunities for low-income youth and adults by investing in promising and proven strategies and programs like summer jobs and sector-based training programs.White House fact sheet

Youth unemployment has hit a record level, with nearly one million school leavers and graduates out of work, raising fears of a generation lost to worklessness.

IT IS a car crash of a data release. One simply can't look away. Hard to know precisely which part of the euro area's latest unemploymend report is the most grimly compelling. The overall rate, at 12.1%? In the spring of 2010 unemployment rates in America and the euro zone were effectively the same at about 10%. There is now a gap of 4.5 percentage points. Total unemployment?