Youth unemployment
A lost generation

The high cost of severe youth unemployment

Free exchange

FOOD for thought:

Does this seem like a good use of human resources? And what this chart only begins to hint at is that these high rates have been sustained for a long period, and are unlikely to return to normal levels anytime soon. One in five young Europeans is out of a job and the story isn't much better in America. These are the world's two largest economies. The economic costs are staggering, and the potential political economy impact isn't very comforting either.

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