“Society at a Glance 2016 says that about 40 million young people in OECD countries, equivalent to 15 per cent of youth aged 15 to 29, are not in education, employment or training, so-called NEETs. Two-thirds of them are not even looking for work. While up to 40% of all youth experience a period of inactivity or unemployment over a four year period, for half of them this period will last a year or more and may lead to discouragement and exclusion. Almost one in ten jobs held by workers under 30 were destroyed during the crisis. In Spain, Greece and Ireland, the number of employed youth halved between 2007 and 2014. Across the OECD, despite the recovery, the youth employment rate has stagnated since 2010 and today is still below pre-crisis levels.”
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