Schmid, Günther - Institute for the Study of Labor (IZA) - 2013
By conventional statistics, youth unemployment seems to be quite moderate in Korea: ‘only’ 9.6 percent of the ‘active …’ youth labour force was unemployed compared to 21.4 percent in EU-27 in 2011. Germany, with a youth unemployment rate of 8 … the perspective of intergenerational risk sharing Korea’s youth unemployment rate is 4.6 times higher than the …