The European Commission has launched ‘Youth Employment Support: a bridge to jobs for the next generation’ plan. The package is an ambitious project that includes some of the measures proposed by the Young European Socialists and with which it is intended to prevent young people from the European Union from becoming one of the groups most affected by the consequences of this crisis.
Young people felt the impact of the previous financial crisis. The figures demonstrate this: in 2008, youth unemployment was 16% and five years later, in 2003, that figure reached 24.4%. These percentages decreased over the years, reaching historical lows (14.9%.) However, the coronavirus crisis has once again triggered these numbers and has highlighted the difficulties that many young people continue to face when entering into the labour market.
In 2013, the European Union created the Youth Guarantee, a mechanism that has helped more than 24 million young people under the age of 25 to enter the labour market. However, the pandemic has increased access difficulties. For this reason, the Commission has presented a new and improved “bridge to Jobs”. It is built around four strands:
The Executive is now calling to EU Member States to step up support for youth employment. To do this, the Commission proposes to make use of the funding available under #NextGenerationEU and the future EU budget, with the aim that countries invest, at least, €22 billion in youth employment.