Insight: Unemployment in the EU

The British referendum could be the major game changer that Europe needs.

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><b>By Editorial Team<&sol;b><&sol;p>&NewLine;<p>All this talk about the referendum can raise about the question&comma; what is the British public voting for&quest; One of the subjects both sides of the vote bring up is jobs and what will be the state of employment for the nation&period; The current rate of unemployment in the UK is a t 5&period;1&percnt; which is relatively low&comma; and considered a very normal rate&period; &ast;The current GDP is at 0&period;4&percnt;&comma; down from the previous 0&period;6&percnt;&comma; which shows a slowing in the overall growth in the U&period;K&period; <&sol;p>&NewLine;<p>The youth is of a major focus in unemployment&comma; especially when comparing to the rest of members of the EU&period; The U&period;K&period; has a youth-unemployment rate at 13&percnt; which isn&&num;8217&semi;t too high&comma; in fact when compared to years ago back in 2013 where unemployment reached 21&percnt;&comma; this is actually an improvement&period; But when compared to the rest of the EU&comma; a 13&percnt; unemployment rate can look like a blessing&period; Take one of our closest countries&comma; France&comma; whose youth unemployment rate is at 21&percnt;&period; Other countries include&comma; Spain &lpar;45&period;5&percnt;&rpar;&comma; Italy &lpar;36&period;7&percnt;&rpar;&comma; Belgium &lpar;24&period;5&percnt;&rpar;&comma; where youth unemployment reaches much higher levels&period;<&sol;p>&NewLine;<p>Out of all counties in the EU&comma; Germany is the only strong standing economic powerhouse&period; With an unemployment rate of 4&period;9&percnt; and an outstanding youth unemployment rate of 6&period;2&percnt; it is hard to believe how many countries are still in recession&period;<&sol;p>&NewLine;<p>Can Britain get to the same level of Germany&quest; It certainly can&comma; however in certain sectors &lpar;manufacturing&comma; farming&comma; finance&rpar;&comma; improvements must be made to make room for prosperity&period; Currently&comma; Britain is experiencing some austerity&comma; and this EU referendum can either make an increase or decrease in how many people struggle on a daily basis&period; All the British public must do is make the most justified&comma; and helpful decision&period; They should think not just about their own status&comma; but also those in our future generations who will have the full brunt of this decision&period; This summer will be one for the history books&comma; and most likely it may be the last shot for Britain in deciding if staying is the right option&period;<&sol;p>&NewLine;<p>&ast;Information found from tradingeconomies&period;com&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed12892de27">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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2 COMMENTS

  1. Brits get out of the EU now, we are suffering in my country and there vare no jobs and very soon in a few years Britain will have no real identity anymore.

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