Netherlands has lowest youth unemployment rate in EU

Netherlands has lowest youth unemployment rate in EU

The Netherlands Has The lowest youth unemployment rate in the European Union, at just 7.4% in the first quarter of this year, According To Dutch Central Bureau of Statistics (CBS).

On average, one in five young people aged 15 to 25 year old were unemployment in the EU. Especially in the east and south of the EU, there is high youth unemployment.

After the Netherlands, Germany and Austria had the second and third lowest youth unemployment rate. In the first quarter of this year, the youth unemployment rates among 15 to 25-year-olds in these countries were 8.3 and 9.2 percent respectively. Youth unemployment was also far below the European average in Malta, Denmark and Slovenia.

In most countries in Southern Europe, like Spain, Greece, Italy and Portugal, youth unemployment exceeded 25 percent. In many states in Eastern Europe, like Slovakia, Lithuania, Latvia, Bulgaria, Hungary and Poland, the rate was also relatively high. Ireland is the only country situated in Western Europe where youth unemployment was above 25 percent.

Youth unemployment in the Netherlands has been among the lowest in the EU for years now. Just as in the rest of Europe, the economic crisis prevailing since the end of 2008 caused youth unemployment to rise rapidly in the Netherlands.

In the latter half of 2010, unemployment among young people in the Netherlands started to decline marginally. The decline was more substantial than on average in Europe, but more or less the same as in large EU member states like Germany and France.

Source: cbs

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