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 Thanx to Statists, Youth Unemployment Could Tear Europe Apart Warns World Economic Forum

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Thanx to Statists, Youth Unemployment Could Tear Europe Apart Warns World Economic Forum Vide
PostSubject: Thanx to Statists, Youth Unemployment Could Tear Europe Apart Warns World Economic Forum   Thanx to Statists, Youth Unemployment Could Tear Europe Apart Warns World Economic Forum Icon_minitimeSat Nov 16, 2013 4:18 am
Crime rates will soar, economies will stagnate and Europe’s social fabric will deteriorate if policymakers do not act to address youth unemployment, World Economic Forum report warns.

A lost generation of jobless youth in the eurozone could tear the single currency apart if nothing is done to address chronic levels of unemployment, the World Economic Forum (WEF) has warned.

“There is a growing consensus on the fact that unless we address chronic joblessness we will see an escalation in social unrest,” said S. D. Shibulal , chief executive oof Infosys, who contributed to the WEF’s Global Agenda Report.

“People, particularly the youth, need to be productively employed, or we will witness rising crime rates, stagnating economies and the deterioration of our social fabric,” he added.

http://www.businessinsider.com.au/youth-unemployment-could-tear-europe-apart-warns-world-economic-forum-2013-11
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