The problem of high youth unemployment is certainly not confined to the developing world, however.

The Mirage of Youth Unemployment

The high level of unemployment among young people is of particular concern.

Moreover, one must ask how much youth unemployment contributes to total unemployment.

Europe already feared that rising youth unemployment in the region would create dangerous instability along Europe s southern flank.

And unemployment hovers above 10 , with youth unemployment far higher, at roughly 25 .

Youth unemployment in Spain, for example, is above 50 .

Youth unemployment worldwide has increased during the past decade.

Unemployment has risen to a record 11.2 , with 35 of young people jobless.

Unemployment stands at about 12 in Italy, and 38 for the young.

Likewise, Spain s unemployment rate is above 25 (and 55 for young people).

In Spain and Greece, unemployment is approaching 30 , while youth unemployment is nearing a staggering 60 .

Unemployment stands at about 12 , and is probably twice as high among young people.

Young people have the highest rates of unemployment and are in many ways the most vulnerable to the social depredations caused by unemployment and poverty.

Comparing countries, there was no relationship between either the depth and duration of the output collapse and the increase in levels of protection, or the magnitude of the rise in unemployment and the extent of protectionism.

Greece s youth unemployment rate now exceeds 60 , and Spain s is above 50 .

The overall unemployment rate (12 ) has yet to peak, led by an alarming lack of jobs among the young (24 joblessness in the eurozone as a whole, with highs of 59 and 56 in Greece and Spain, respectively).

Stubbornly high youth unemployment, along with Europe s dwindling numbers of school leavers, is already canceling out the positive effects of immigration.

High figures persist for unemployment and underemployment.

Key trends in emerging market economies include high and increasing unemployment and low employment rates.

Young people are particularly vulnerable to unemployment.

Consider Spain, which has an unemployment rate of 20 and more than 40 among young people.

In Italy and Spain, growth is negative, and youth unemployment is 35 and 55 , respectively.

The result is a growing youth unemployment crisis among poor and working class youth.

Unemployment remains far too high, with alarming levels of long term and youth joblessness.

Rising youth unemployment and cuts in pensions and social expenditures come at a time when many large multinational corporations legally avoid taxes by shifting their profits to favorable jurisdictions.

Youth unemployment rates are typically two to three times higher than for others, and young women are particularly at risk.

Labor market experts thus consider the unemployment rate a potentially misleading indicator, because a youth unemployment rate of 50 does not mean that half of the young population is unemployed. That is why one should look at the unemployment ratio the percentage of the unemployed in the reference population rather than at the unemployment rate.

We cannot ignore high unemployment.

Now, France has again brought itself to the world s attention with weeks of street demonstrations against the contract of first employment (CFE) proposed by Prime Minister Dominique de Villepin to address high youth unemployment.

Since high unemployment among the young had been a factor in the civil unrest of the early 1970s and late 1980s, several programmes had been established to integrate them into the workforce.

Moreover, unemployment in the eurozone has skyrocketed to an average rate of roughly 12 , with more than 50 youth unemployment in the periphery countries implying a long term loss of talent and erosion of the tax base.

Iraqi statistics, which define unemployment more expansively, show rates in percent declining from the mid twenties to the teens in the past two years.

Eurostat, the European Union s statistical agency, calculates youth unemployment using both methodologies, but only the flawed indicator is widely reported, despite major discrepancies.

Its neighbors include countries most notably on the eurozone s periphery that are struggling. They have high overall unemployment (and alarmingly high youth joblessness), and are unable to grow on their own power.

To be sure, a youth unemployment ratio of 13 or 19 is not grounds for complacency. But, while the eurozone s youth unemployment rate has increased since 2009, its ratio has remained the same (though both significantly exceed pre 2008 levels).

To be sure, a youth unemployment ratio of 13 or 19 is not grounds for complacency.

Unemployment, especially among the young, and the depletion of both oil and underground water resources are major long term economic problems.

Unemployment, especially among the young, and the depletion of both oil and underground water resources are major long term economic problems.

While standard measures exaggerate youth unemployment, they likely understate adult unemployment, because those who have given up their job search are not counted among the unemployed.

At the same time, technological unemployment has been on the rise.

But the default option in the context of political gridlock a halting, slow growth strategy, focused excessively on fiscal austerity and featuring high unemployment (especially for the young) is unlikely to remain workable for long.

Youth unemployment was particularly high (40 per cent) among 15 to 24 year olds.

For example, youth unemployment is also critical for university graduates and other newly skilled young people who are unable to find jobs and contribute to the development of their countries.

Unemployment is unacceptably high, and is still rising.