Wednesday, October 23, 2013

The curious case of European youth unemployment: an inconvenient truth

Youth on the move… but where to?
One last, but persisting, political contradiction is to be noted. Part of the Europe 2020 strategy is to promote ‘youth on the move’ and social inclusion. Let’s bring forth from the shadows Regulation No. 1408/71 on the freedom of movement for workers and equal social rights. Since 1971, workers’ mobility has formed part of the Union’s basic principles. Yet, embroiled in the political debate of social mobility, national governments such as the UK Coalition have recently launched proposals for reform on immigration control.
To top it all off, the worrying rise in anti-immigration discourse and the resurgence of far-right political parties, such as the French National Front or the Greek Golden Dawn, have constrained the debates into protectionist fetters. Prospects for migrant and youth labour markets today are six of one, half a dozen of the other. Xenophobia and racism put the EU project of workers’ ‘mobility’ or ‘immigration’ – in whichever way politicians decide to label it – under vehement pressure and unsafe waters. What is clear is that the situation plays into the hands of radical parties.


Keep calm and…browse
So what next? The onus is on both sides. Recruiters and new graduate to new graduate. Firstly, let’s face the facts: European universities need to increase their competitive output. The Economist stated that, in 2011, only 2 European universities – the traditional Oxbridge tandem – were ranked among the world’s top 10 universities. A complete overhaul of university criteria and educational systems is needed. Secondly, a tailor-made labour market must be created. Positive economists assert that economic recovery is under way. Fantastic news. Now such hope should give adequate momentum for young cutting-edge entrepreneurs to kick off their start-ups. Likewise, the mushrooming of speculative bonds in the financial market should be an opportunity for companies to invest a greater amount in youth working potential.
I remain quite sceptical about the latest craze on ‘voluntary work’ or the ‘work for free’ approach. Androulla Vassiliou, member of the European Commission responsible for Education and Youth, calls for ‘increased opportunities for volunteering, youth exchanges and other forms of participation for young people’. Surely Ms Vassiliou could better justify her Commissioner’s salary with more elaborate options for young hard workers?
The emergence of new projects, such as the Youth Mentoring and Apprenticeship Programme, is encouraging companies to invest in Mentoring and Apprenticeship (M&A). The Commission plans to grant professional cards to specific professionals in order to increase the mobility of EU workers across the Union, notably among nurses and engineers. National schemes are pushed forward too. In the UK, eight core cities agreed to sign the Youth Contract, enabling local young employees to enter into local businesses. However ambitious and honourable these projects may look, they remain at an embryonic stage.
Last but not least, while it is true that young job seekers remain at the mercy of a dysfunctional technocratic elite, it is also certain that youth has stagnated in a self-complacent pessimism. Budding job seekers will need to adapt, and acknowledge that the digitalisation of all professions and the spread of social media have become the high yield nerve centre of growth. They should orientate their job-hunting accordingly and target those winning industries. I, for one, should formulate career backup plans, remain plugged in and browse the varying opportunities that are on offer.


ip of the iceberg…
To this day, no European leader has convincingly articulated concrete measures for fear of losing office. A crisis of democratic legitimacy and a leadership vacuum are impeding any fast-track solutions. Most national governments across the EU are battling voters’ general disenchantment with the political class. Yet, “the beginning of every government starts with the education of our youth”. Were Pythagoras still alive, he could certainly teach this to some of our European political leaders today.

Source: The curious case of European youth unemployment: an inconvenient truth - The World Outline | The World Outline