Unemployment Rate

A Generation of Young, Well-Educated Europeans Can't Find Jobs

The continent's economy staggers

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"All your life," says Argyro Paraskeva, "you've been told you're a golden prince. The future awaits: it's bright, it's yours. You have a degree! You'll have a good job, a fine life. And then suddenly you find it's not true."

Or not so suddenly. Paraskeva left Thessaloniki University five years ago with an MSc in molecular biology. Beyond some private tutoring, paid essay writing ("I'm not proud. But a 50-page essay is €150") and a short unhappy spell in a medical laboratory, she hasn't worked since.

Over cold tea in a sunlit cafe in Greece's second city, Paraskeva says she has written "literally hundreds of letters". Every few months, a new round: schools, labs, hospitals, clinics, companies. She delivers them by hand, around the region. She's had three interviews. "I will go anywhere, really anywhere," she says. "I no longer have the luxury of believing I have a choice. If someone wants a teacher, I will go. If they want a secretary, I will go. If they want a lab assistant, I will go."

So would countless other young Europeans. According to data out on Monday more than 5.5 million under-25s are without work, and the number rises inexorably every month. It's been called the "lost generation", a legion of young, often highly qualified people, entering a so-called job market that offers very few any hope of a job – let alone the kind they have been educated for.

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  1. “Well educated” is debatable.

  2. The government should help the young find jobs!

  3. A Generation of Young, Well-Educated Europeans Must Find Jobs

  4. Job loss is still a big issue in Europe. We are still in the grips of an economic crisis and it doesn’t look like it’s going to get any better any time soon. It’s high time our people in power asked the specialists in economic crisis, for example the Orlando Bisegna Index experts, the same experts who have already saved lots of counties from default and have solved problems of lack of work, giving people back their dignity.

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