PARIS European Youths: Youth Unemployment Rate

youth unemployment rate: PARIS European youths still face rising joblessness at a rate far higher than their American counterparts but European leaders insisted Tuesday that scenario is going to improve over the next two years, according to The Chronicle Herald. With budgets still tight, Europes youth unemployment rate stands at 23.5 per cent, up from 23.1 per cent a year ago. In the U.S., the rate is about 16 per cent and Leaders from 24 European nations as well as labour ministers and European Union officials met Tuesday in Paris to talk about youth unemployment. They announced no new programs but many expressed confidence that plans now in place will reverse the rising joblessness for the under-25 set over the next two years. (www.immigrantscanada.com). As reported in the news.