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YOUNG LABOR MARKET IN THE GLOBAL CRISIS.

Authors :
BĂLAN, Mariana
BĂLAN, Gheorghe-Stelian
Source :
Hyperion International Journal of Econophysics & New Economy. 2012, Vol. 5 Issue 2, p323-332. 10p.
Publication Year :
2012

Abstract

New strategy regarding economic growth and employment in the EU, "Europe 2020 - A strategy for smart, sustainable and inclusive growth", adopted by the European Council in March 2010, offers an overview of the development of Europe in the decade two XXI century, aimed to drive out of the current financial and economic crisis, but also to transform the EU into a smart, sustainable and inclusive growth, with high levels of labour employment, productivity and social cohesion. This paper presents a brief characterization of young labour market at global, European Union and national level during the current financial and economic crisis. Of the many problems facing young labour market, in this paper is analyzed the evolution of unemployment population aged 15-24 years. In this paper are presented a series of the best practices from European Union countries to minimize the rate of youth unemployment, and their employment on the labour market. Also, are presented some of the advantages of using young labour in achieving the objectives of "Europe 2020" strategies. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20693508
Volume :
5
Issue :
2
Database :
Academic Search Index
Journal :
Hyperion International Journal of Econophysics & New Economy
Publication Type :
Academic Journal
Accession number :
91526793