Economics
Europe’s Youth Unemployment Isn’t as Dire as Typically Claimed
- Student numbers distort figures for the 15-24 age group
- Jobless ratio gives alternative picture to unemployment rate
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
Sky-high youth unemployment in nations such as Italy, Spain and Greece has been cited by populists as evidence that established parties are failing younger generations. A closer look at the data suggests the situation isn’t quite as horrific as typically claimed.