Domenica, 21 Ottobre 2018

Youth unemployment could bring 'social risks,' says Draghi


London, May 24 - Some European countries are at
risk of "social consequences" from high unemployment, especially
among youth, European Central Bank (ECB) President Mario Draghi
told a group of business leaders and politicians in London at a
Thursday evening event.
"Reforms are needed to ensure inter-generational fairness
by tackling the phenomenon of 'insiders versus outsiders' - a
phenomenon that is driving youth unemployment to levels that
threaten the very fabric of society," the ECB president said.
According to forecasts released earlier this month by
Istat, unemployment in Italy will rise to 11.9% this year, up
1.2% in 2012, and climb further still in 2014 to reach 12.3%.
Youth employment reached 38.4% in March, 3.2% higher than
the same month in 2012, the statistics agency said.

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