The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

to more sustainable employment. Adjustments in labor market institutions could make the provision of training more …

youth unemployment are persistent and especially affect the lower-skilled. Skill and occupational mismatches of vocational … time, the labour market has been responding faster to output shocks and output growth consistent with constant unemployment …-term unemployment. …

The various deficiencies of the labour market and the educational system have resulted in high unemployment, low labour … force participation, low skills levels and high skill mismatch. Job creation is key to tackling the high unemployment rates … a priority. Business involvement in education and training institutions at all educational levels will be paramount to …